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P-40.1 - Consumer Protection Act

Section 325
Disposition versions

Full text
325. The president may refuse to issue a permit, if
(a)  the applicant, by reason of his financial condition, is not in a position to assume the obligations arising from his business;
(b)  in his opinion, there are reasonable grounds to believe that the permit must be refused to ensure, in the public interest, that the business activities contemplated in this chapter will be performed with honesty and competence;
(c)  the name of the partnership or legal person applying for the permit is identical to that of another partnership or legal person holding a permit, or so resembles it that it may be mistaken for it;
(d)  the applicant does not meet a requirement prescribed by this Act or by regulation; or
(e)  the applicant has not complied with a voluntary undertaking made under section 314 or whose application has been extended by an order under section 315.1.
1978, c. 9, s. 325; 1986, c. 95, s. 263; 1999, c. 40, s. 234; 2009, c. 51, s. 18.
325. The president may refuse to issue a permit, if
(a)  the applicant, by reason of his financial condition, is not in a position to assume the obligations arising from his business;
(b)  in his opinion, there are reasonable grounds to believe that the permit must be refused to ensure, in the public interest, that the business activities contemplated in this chapter will be performed with honesty and competence;
(c)  the name of the partnership or legal person applying for the permit is identical to that of another partnership or legal person holding a permit, or so resembles it that it may be mistaken for it; or
(d)  the applicant does not meet a requirement prescribed by this Act or by regulation.
1978, c. 9, s. 325; 1986, c. 95, s. 263; 1999, c. 40, s. 234.
325. The president may refuse to issue a permit, if
(a)  the applicant, by reason of his financial condition, is not in a position to assume the obligations arising from his business;
(b)  in his opinion, there are reasonable grounds to believe that the permit must be refused to ensure, in the public interest, that the business activities contemplated in this chapter will be performed with honesty and competence;
(c)  the name or corporate name of the partnership or corporation applying for the permit is identical to that of another partnership or corporation holding a permit, or so resembles it that it may be mistaken for it; or
(d)  the applicant does not meet a requirement prescribed by this Act or by regulation.
1978, c. 9, s. 325; 1986, c. 95, s. 263.
325. The president may refuse to issue a permit, if
(a)  the applicant, by reason of his financial condition, is not in a position to assume the obligations arising from his business;
(b)  the applicant cannot establish, to the satisfaction of the president, his honesty and competence;
(c)  the name or corporate name of the partnership or corporation applying for the permit is identical to that of another partnership or corporation holding a permit, or so resembles it that it may be mistaken for it; or
(d)  the applicant does not meet a requirement prescribed by this act or by regulation.
1978, c. 9, s. 325.
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