CUSTOM HOUSE AGENTS (LICENSING) ACT - 1978 (SMCD 188)

    Section - 2 - Grant of Licence to Body of Persons.

    (1) The Comptroller shall not grant a licence under this Decree to any body corporate or partnership unless:

    (a) in the case of a body corporate, that body corporate is authorised by its instrument of incorporation to transact the business of custom house agent; or

    (b) in the case of partnership the partnership is by virtue of its partnership agreement authorised to transact the business of custom house agent;

    (c) at least two officers of the body corporate or in the case of a partnership two members of the partnership are licensed custom house agents;

    (d) the Comptroller is satisfied that the body corporate or partnership has a permanent place of business.

    (2) A licence granted to any body corporate or partnership shall be deemed revoked if for a continuous period of sixty days after the grant of licence there are not at least two officers of that body corporate or two members of that partnership who are licensed custom house agents.

    (3) When a licence is revoked by virtue of subsection (2) of this section the Comptroller may notify in writing the body corporate, or the partnership concerned.