10. The Bureau may refuse to issue an agency licence if, in the five years preceding the application, the owner of the enterprise, the representative, a partner or shareholder having a major interest in the enterprise within the meaning of section 8 or a director of the enterprise was denied an agent licence or agency licence or a renewal of such a licence, or held an agent licence or agency licence that was subsequently suspended or cancelled.
The same applies if the owner or a partner or a shareholder of the enterprise is a partnership or a legal person and a partner or a shareholder having a major interest in the partnership or legal person or a director of the partnership or legal person was denied an agent licence or agency licence or a renewal of such a licence, or held an agent licence or agency licence that was subsequently suspended or cancelled.
2006, c. 23, s. 10; 2011, c. 23, s. 4.