Key Takeaways
- MVDA considers the financial position and past conduct of officers, directors and interested persons (s. 6(1)(d)).
- The child care Act looks at officers, directors, employees and anyone with a controlling interest (CCEYA, s. 23(1)(a)).
- Dealers must report changes in officers or directors within five days (MVDA, s. 24(1)(b)).
- Share transfers of 10 per cent or more must be reported within 30 days (MVDA, s. 13).
Who Counts
Under the MVDA, the registrar considers the financial position and past conduct of a corporation’s officers and directors, and of interested persons in respect of the corporation (s. 6(1)(d)). Under the child care Act, the director considers the competence and past conduct of the applicant, its employees, officers and directors, and anyone with a controlling interest (CCEYA, s. 23(1)(a)–(b)).
Practical Steps
- Vet new officers, directors and investors before they join.
- Report changes on time (MVDA, ss. 13, 24).
- Address any individual’s history proactively in your application.
- Consider governance changes if one person’s history is a barrier.
Frequently Asked Questions
Can a silent investor affect our licence?
Potentially, if they are an “interested person” or hold a controlling interest under the applicable statute.
Do ownership changes need approval?
Under the liquor Act, prescribed ownership changes require the Registrar’s consent to a transfer (LLCA, s. 14).
Sources
Statutory references are to the provisions listed below, as consolidated on e-Laws when this page was prepared.
- Motor Vehicle Dealers Act, 2002, ss. 6, 13, 24 — Checked November 10, 2026.
- Child Care and Early Years Act, 2014, s. 23 — Checked November 10, 2026.
- Liquor Licence and Control Act, 2019, s. 14 — Checked November 10, 2026.