RGT 0.00% 30.0¢ argent biopharma limited

Fit and Proper Person requirementsEstablishing the integrity of...

  1. 2,484 Posts.
    lightbulb Created with Sketch. 80

    Fit and Proper Person requirements

    Establishing the integrity of a person who is granted a licence, or who has the ability to substantially influence the conduct of activities under a licence, is fundamental to the medicinal cannabis scheme.

    The fit and proper person requirements take into account convictions, imposition of civil penalties, revocations of drug regulation licences and the financial situation of individuals, among other things. The requirements are designed to enable the exclusion of criminal elements, including organised crime, who may otherwise be tempted to use a cannabis licence as cover for illicit activities.

    Within the Act, the fit and proper person requirements are applied both to natural persons (i.e. individuals), and/or to bodies corporate depending on differences in business structures and the effect these structures have on the ability of ODC to determine whether the applicant is a fit and proper person to hold a cannabis licence.

    Note that the fit and proper persons test also extends to looking at your non-business related connections and your relatives.

 
watchlist Created with Sketch. Add RGT (ASX) to my watchlist
(20min delay)
Last
30.0¢
Change
0.000(0.00%)
Mkt cap ! $13.58M
Open High Low Value Volume
30.0¢ 31.0¢ 30.0¢ $2.567K 8.41K

Buyers (Bids)

No. Vol. Price($)
2 47481 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 8026 2
View Market Depth
Last trade - 15.53pm 21/06/2024 (20 minute delay) ?
RGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.