(1) No Produce Dealer's Licence shall be issued unless—
(a) the applicant is resident in Saint Lucia or being an incorporated company has a registered office in Saint Lucia;
(b) the applicant has first paid into the Treasury the licence fee set out in schedule 3;
(c) the applicant in the opinion of the magistrate, has attained the age of 16 years.
(2) The magistrate may refuse to grant a Produce Dealer's Licence if the applicant has within the previous 5 years suffered cancellation of his or her licence under the provisions of section 35.