S.L. 217.26 Art. 6BEligibility for a licence. 

(1) The Agency may grant a licence to a person to act as an agent if it is satisfied that the applicant:

(a) has a clean police conduct certificate issued in accordance with the Conduct Certificates Ordinance in the prescribed Form A or its equivalent; and

(b) satisfies the due diligence process carried out in respect of such person by the Agency.

(2) The person authorised to act as an agent shall:

(a) hold a professional indemnity insurance policy with a reputable insurance company acceptable to the Agency, with a cover of not less than five hundred thousand euro (€500,000) or such higher figure as the Agency may determine from time to time;

(b) be able to demonstrate to the satisfaction of the Agency that he, or in the case of a legal person, that the group of which it forms part has unrestricted access to a recognised, reputable due diligence database, and in either case, be able to provide the Agency, upon request, with the results of his due diligence procedures;

(c) submit an application form together with all requested documentation and information that the Agency may request;

(d) undertake to provide any documentation or information as may be requested by the Agency from time to time;

(e) provide the Agency with a fixed address and an email address where any notifications under these regulations shall be sent, and update them in case of any change thereto:

Provided that a notification by the Agency to such fixed address or email address so provided shall be deemed to have been validly affected.