Whether a company is fit and proper to hold a licence
In deciding whether a company is fit and proper to hold a licence, EAA will consider the following factors, among others:
- Is the company in liquidation or subject to a winding-up order? Has a receiver been appointed to deal with it?
- Has the company, in the five years prior to the EAA's considering the matter, entered into a composition or scheme of agreement with its creditors?
- Does the company have any conviction under the Estate Agents Ordinance?
The above are by no means exhaustive and the EAA does consider factors other than those stated above.