Section 8: Refusal to grant certificate

8. Refusal to grant certificate (1) A certificate shall not be refused except on the ground that— (a) satisfactory evidence has not been produced of the good character of the applicant and, in the case of a company, of the persons responsible for its management; (b) satisfactory evidence has been produced that the applicant or any person responsible for the management of his business as a moneylender, is not a fit and proper person to hold a certificate; (c) 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 certificate; (d) the applicant is disqualified under section 11 from obtaining a moneylender’s licence; (e) the applicant has not complied with any regulations made under this Act with respect to applications for certificates. (2) Any person who is aggrieved by the refusal of a Magistrate to grant a certificate may appeal to the Supreme Court in accordance with section 37 of the District and Intermediate Courts (Civil Jurisdiction) Act.