4. No licence to carry on the business of a fee-charging employment agency shall be granted unless-
| (a) where such business is to be carried on by an individual, he is a citizen of Ceylon, |
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| (b) where such business is to be carried on by a firm, the partners of the firm are citizens of Ceylon, |
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| (c) where such business is to be carried on by a company, the majority of the shares in the capital of the company is held by citizens of Ceylon, |
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| (d) the person to be in charge of such business is of good reputation, |
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| (e) there are suitable premises for carrying on such business, |
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| (f) the individual who, or the firm or company which, is to carry on such business undertakes that such business will be carried on in a morally and otherwise irreproachable manner, |
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| (g) such individual, firm or company enters into a bond with the Commissioner, with two sureties, in such sum as may be determined by the Commissioner for the satisfaction of claims which might arise in connexion with such business, and |
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| (h) such other conditions as may be prescribed for the purposes of this section are fulfilled. |
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Sri Lanka Consolidated Acts