Amendment status not verified — confirm the current text below against the official source.
(1) An application for the grant or renewal of a licence shall be made to the Collector in such form and manner, accompanied with such fee, as may be prescribed. (2) The Collector may revoke at any time a licence on the following grounds, namely :— (a) breach of any terms and conditions of the licence and rules; (b) giving wrong information at any stage; (c) irregularity in maintenance of record, as may be prescribed; (d) indulging in malpractices and unfair dealings, as may be prescribed; (e) failure to deposit the copy of agreement to sell between the parties with the Collector; (f) failure to give the details of commission to the Collector in each dealing : Licensing of property dealer. Grant, renewal or revocation of license. REGULATION OF PROPERTY DEALERS AND CONSULTANTS Provided that no licence shall be revoked without giving the aggrieved person an opportunity of being heard. (3) No property dealer whose license has been revoked shall be employed in any capacity with any other property dealer.