Section 3

No person shall carry on the business of private agency except in pursuance of and in accordance with a licence issued by or on behalf of the Minister and unless there is, in respect of such business, a deposit made in a manner provided by or under subsection (3).

Any person who desires to carry on the business of private agency shall apply to the Minister for a licence and, subject to the provisions of the following subsections, the Minister may issue such licence or refuse to issue it; and in issuing such licence or renewing the same under subsection (4) the Minister may impose thereon such conditions as he may deem desirable for the purpose of carrying into effect the provisions of this Act.

No licence under this Act shall be issued or if issued, no business of private agency shall be carried on, unless there has been made, kept and continued to be kept at all times with the

Accountant General a deposit of such sum and in such form as the

Minister may prescribe.

It shall be a condition precedent to the issue of a licence under this section that the applicant shall have paid such fee as may be prescribed by the Minister and such licence shall expire not later than the end of the calendar year in which it commences, but may be renewed every year upon payment of the aforesaid fee.

The Minister may by order exempt any person or class of persons from the provisions of this section.