Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) If the commissioner believes on reasonable grounds that an applicant for a licence does not sufficiently understand the obligations of a licensee under this Act, the commissioner may issue the licence subject to the condition that the applicant undertake a stated approved training program in relation to the obligations within a stated reasonable time after the issue of the licence.
(2) If the commissioner believes on reasonable grounds that an applicant for a licence intends to hold the licence for a partnership, a reference in this section to the applicant includes a reference to each of the partners the commissioner believes on reasonable grounds intends to be concerned in, or to take part in, the management of the partnership's business in relation to the licence, whether or not the partner's name appears on the application.
(3) If an applicant for a licence is a corporation, a reference in this section to the applicant (including a reference under subsection (2) to a partner of an applicant) includes a reference to a defined influential person in relation to the corporation.