10(1)On receipt of an application for a licence and on payment of the prescribed fee, if the Director is satisfied that the applicant is suitable to be licensed and that the issuing of the proposed licence is not objectionable for any reason, the Director may issue to the applicant a licence authorizing the holder during the term of the licence to carry on the business of an agent or act as a manager or salesperson within the Province, but if, after due investigation made by the Director, the Director is, for any reason, of the opinion that the applicant should not be granted a licence, the Director may refuse a licence to the applicant.

10(1.1)The Director may at any time restrict a licence by imposing any terms and conditions that he or she considers appropriate on the licence.

10(1.2)A licensee shall comply with the terms and conditions imposed by the Director on the licence.

10(1.3)The Director shall not refuse an application for a licence or impose terms and conditions on the licence without giving the applicant or licensee an opportunity to be heard.

10(2)The Director may suspend or cancel a licence if he or she is of the opinion it is in the public interest to do so.

10(2.1)The Director shall not suspend or cancel a licence without giving the licensee an opportunity to be heard.

10(3)When the licence of an agent is suspended or cancelled, the licences of all salespersons and managers of the agent are also suspended or cancelled.

10(4)The licence of an agent and of every manager and salesperson of that agent expires on the last day of the twelfth month following the issuance of the agent’s licence.

10(5)No person whose licence has been cancelled because of the person’s misconduct shall be entitled to apply for a new licence for one year after the cancellation.

10(6)A person dissatisfied with a decision of the Director under this section may appeal the decision to the Tribunal within 30 days after the date of the decision.

10(6.1)Despite subsection (6), the Tribunal may extend the period for appealing a decision, before or after the expiration of the time, if it is satisfied that there are reasonable grounds for an extension.

10(7)When a licence has been suspended or cancelled by or under this Act, the holder of the licence shall return the licence without delay to the Director.

10(1)On receipt of an application for a licence and on payment of the prescribed fee, if the Director is satisfied that the applicant is suitable to be licensed and that the issuing of the proposed licence is not objectionable for any reason, the Director may issue to the applicant a licence authorizing the holder during the term of the licence to carry on the business of an agent or act as a manager or salesperson within the Province, but if, after due investigation made by the Director, the Director is, for any reason, of the opinion that the applicant should not be granted a licence, the Director may refuse a licence to the applicant.

10(1.1)The Director may at any time restrict a licence by imposing any terms and conditions that he or she considers appropriate on the licence.

10(1.2)A licensee shall comply with the terms and conditions imposed by the Director on the licence.

10(1.3)The Director shall not refuse an application for a licence or impose terms and conditions on the licence without giving the applicant or licensee an opportunity to be heard.

10(2)The Director may suspend or cancel a licence if he or she is of the opinion it is in the public interest to do so.

10(2.1)The Director shall not suspend or cancel a licence without giving the licensee an opportunity to be heard.

10(3)When the licence of an agent is suspended or cancelled, the licences of all salespersons and managers of the agent are also suspended or cancelled.

10(4)The licence of an agent and of every manager and salesperson of that agent expires on the last day of the twelfth month following the issuance of the agent’s licence.

10(5)No person whose licence has been cancelled because of the person’s misconduct shall be entitled to apply for a new licence for one year after the cancellation.

10(6)A person dissatisfied with a decision of the Director under this section may appeal the decision to the Tribunal.

10(7)When a licence has been suspended or cancelled by or under this Act, the holder of the licence shall return the licence without delay to the Director.

10(1)On receipt of an application for a licence and on payment of the prescribed fee, if the Director is satisfied that the applicant is suitable to be licensed and that the issuing of the proposed licence is not objectionable for any reason, the Director may issue to the applicant a licence authorizing the holder during the term of the licence to carry on the business of an agent or act as a manager or salesperson within the Province, but if, after due investigation made by the Director, the Director is, for any reason, of the opinion that the applicant should not be granted a licence, the Director may refuse a licence to the applicant.

10(2)The Director may suspend or cancel a licence if he or she is of the opinion it is in the public interest to do so.

10(3)When the licence of an agent is suspended or cancelled, the licences of all salespersons and managers of the agent are also suspended or cancelled.

10(4)The licence of an agent and of every manager and salesperson of that agent expires on the last day of the twelfth month following the issuance of the agent’s licence.

10(5)No person whose licence has been cancelled because of the person’s misconduct shall be entitled to apply for a new licence for one year after the cancellation.

10(6)A person dissatisfied with a decision of the Director under this section may appeal the decision to the Tribunal.

10(7)When a licence has been suspended or cancelled by or under this Act, the holder of the licence shall return the licence without delay to the Director.

10(1)On receipt of an application for a licence and on payment of the prescribed fee, if the Director is satisfied that the applicant is suitable to be licensed and that the issuing of the proposed licence is not objectionable for any reason, the Director may issue to the applicant a licence authorizing the holder during the term of the licence to carry on the business of an agent or act as a manager or salesperson within the Province, but if, after due investigation made by the Director, the Director is, for any reason, of the opinion that the applicant should not be granted a licence, the Director may refuse a licence to the applicant.

10(2)The Director may suspend or cancel a licence if he or she is of the opinion it is in the public interest to do so.

10(3)When the licence of an agent is suspended or cancelled, the licences of all salespersons and managers of the agent are also suspended or cancelled.

10(4)The licence of an agent and of every manager and salesperson of that agent expires on the last day of the twelfth month following the issuance of the agent’s licence.

10(5)No person whose licence has been cancelled because of the person’s misconduct shall be entitled to apply for a new licence for one year after the cancellation.

10(6)A person dissatisfied with a decision of the Director under this section may appeal the decision to the Tribunal.

10(7)When a licence has been suspended or cancelled by or under this Act, the holder of the licence shall return the licence without delay to the Director.

10(1)On receipt of an application for a licence and on payment of the prescribed fee, if the Minister is satisfied that the applicant is suitable to be licensed and that the issuing of the proposed licence is not objectionable for any reason, the Minister may issue to the applicant a licence authorizing the holder during the term of the licence to carry on the business of an agent or act as a manager or salesperson within the Province, but if, after due investigation made by the Minister or the Minister’s representative, the Minister is, for any reason, of the opinion that the applicant should not be granted a licence, the Minister may refuse a licence to the applicant.

10(2)The Minister may suspend or cancel a licence if in the Minister’s opinion it is in the public interest to do so.

10(3)When the licence of an agent is suspended or cancelled, the licences of all salespersons and managers of the agent are also suspended or cancelled.

10(4)The licence of an agent and of every manager and salesperson of that agent expires on the last day of the twelfth month following the issuance of the agent’s licence.

10(5)No person whose licence has been cancelled because of the person’s misconduct shall be entitled to apply for a new licence for one year after the cancellation.

10(6)A person dissatisfied with a decision of the Minister under this section may appeal the decision to a judge of The Court of Queen’s Bench of New Brunswick.

10(7)When a licence has been suspended or cancelled by or under this Act, the holder of the licence shall return the licence without delay to the Minister.