Section 9

that satisfactory evidence has not been produced of the good character of the applicant and, in the case of a company or of a firm, of the persons responsible for the management thereof;

that satisfactory evidence has been produced that the applicant or any person responsible or proposed to be responsible for the management of his business as a moneylender is not a fit and proper person to hold a licence;

that the applicant or any person responsible or proposed to be responsible for the management of his business as a moneylender is by order of a court disqualified from holding a licence;

that the applicant has not complied with section 5 with respect to applications for licences;

that the applicant or his firm has after the commencement of this Act knowingly lent money to a person under the age of 21 years;

that the applicant, or any partner, director or other person who is or will be responsible for the management of the firm, is below the age of 21 years:Provided that where an application is made by any person for a licence to carry on business as an agent for a principal the licence may also be refused on one or more of the following grounds:

that satisfactory evidence has not been produced of the good character of the principal and, where the principal is a firm, of the persons responsible for the management thereof;

that satisfactory evidence has been produced that the principal is not a fit and proper person to carry on the business of moneylending;

that the principal or any present or former agent of the principal is by an order of a court disqualified from holding a licence;

that the principal or any present or former agent of the principal has knowingly lent money to a person under the age of 21 years.