Tea (Purchase and Importation) Act, 1958
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Registration of tea traders. |
4.—(1) Where an existing tea wholesaler applies, in accordance with this Act, to the Minister to be registered, the Minister shall register the applicant in the Register. | |
(2) Where— | ||
(a) a person, being an Irish citizen who normally resides in the State or an Irish company or a partnership all the members of which are Irish citizens, purposes to carry on the business of selling tea on that person's own account, and applies, in accordance with this Act, to the Minister to be registered, and | ||
(b) the Minister is satisfied that— | ||
(i) the applicant is not financially assisted by a person ordinarily resident outside the State or by any company incorporated outside the State which does not comply with section 22 of the Insurance Act, 1936 (No. 45 of 1936), or section 42 of the Central Bank Act, 1942 (No. 22 of 1942), and | ||
(ii) in case the applicant is a company—all the shares of the company are in the beneficial ownership of Irish citizens, and | ||
(iii) the business will be managed and controlled by an Irish citizen who normally resides in the State or by two or more Irish citizens each of whom normally resides in the State, | ||
the Minister shall register the applicant in the Register. | ||
(3) No person shall be registered save in accordance with subsection (1) or (2) of this section. | ||
(4) An application for registration in the Register shall be in such form and contain such particulars as regards the ownership and financing of the business to which the application relates as the Minister may direct. | ||
(5) Where the Minister registers any person in the Register, he shall inform the Company of such registration. |