### Travel Industry Ordinance 《旅遊業條例》

15. Refusal to renew travel agent licence or business permit
(1) If the Authority intends to refuse to renew a travel agent licence or business permit, it must, by notice in writing given to the applicant—
(a) notify the applicant of the intention; and
(b) give reasons for the intention.
(2) The applicant may, within 7 days after the date of the notice, or a longer period the Authority may permit, make representations in writing to the Authority as to why the Authority should not refuse to renew the travel agent licence or business permit.
(3) If the Authority decides not to renew a travel agent licence or business permit, it must, by notice in writing given to the applicant within 21 days beginning on the date on which the decision is made—
(a) notify the applicant of the decision; and
(b) give reasons for the decision.

16. No fresh application for travel agent licence etc. within prescribed period after refusal
(1) This section applies to a person whose application for a travel agent licence or business permit, or the renewal of a travel agent licence or business permit, has been refused.
(2) The person may not reapply for a travel agent licence or business permit, or the renewal of a travel agent licence or business permit, within the prescribed period.
(3) Despite subsection (2), the Authority may permit the person to reapply for a travel agent licence or business permit, or the renewal of a travel agent licence or business permit, within the prescribed period if the Authority is satisfied that the ground for the refusal no longer exists.

17. No fresh application for travel agent licence etc. within prescribed period after revocation
(1) This section applies to a person whose travel agent licence or business permit has been revoked.
(2) The person may not reapply for a travel agent licence or business permit within the prescribed period.
(3) Despite subsection (2), the Authority may permit the person to reapply for a travel agent licence or business permit within the prescribed period if the Authority is satisfied that exceptional circumstances exist that justify the permission.

### Travel Industry Ordinance 《旅遊業條例》

18. Suitability requirement for applicant for travel agent licence or renewal of travel agent licence
(1) In this section—
associated company (有聯繫公司), in relation to a company, means—(a) a subsidiary of the company;
(b) a holding company of the company; or
(c) a subsidiary of the holding company mentioned in paragraph (b).

(2) In determining for the purposes of sections 8(2)(a)(ii) and 14(2)(a)(i) whether a company is suitable to hold a travel agent licence, the Authority must have regard to all relevant matters, including—
(a) the matters set out in Schedule 2;
(b) whether every officer and controller of the company is suitable to be associated with the business of a travel agent; and
(c) any information in the possession of the Authority, whether provided by the company or not, on any matters relating to an associated company of the company, including—
(i) the matters set out in Schedule 2; and
(ii) whether every officer and controller of the associated company is suitable to be associated with the business of a travel agent.
(3) In determining for the purposes of sections 8(2)(a)(ii) and 14(2)(a)(i) whether a partnership is suitable to hold a travel agent licence, the Authority must have regard to all relevant matters, including—
(a) the matters set out in Schedule 3; and
(b) whether every person responsible or proposed to be responsible for the management of the travel agent business of the partnership, or any part of the business, is suitable to be associated with the business of a travel agent.
(4) In determining for the purposes of sections 8(2)(a)(ii) and 14(2)(a)(i) whether an individual is suitable to hold a travel agent licence, the Authority must have regard to all relevant matters, including—
(a) the matters set out in section 1(1) of Schedule 4; and
(b) whether every person responsible or proposed to be responsible for the management of the travel agent business of the individual, or any part of the business, is suitable to be associated with the business of a travel agent.
(5) In determining for the purposes of subsections (2)(b), (3)(b) and (4)(b) whether a person is suitable to be associated with the business of a travel agent, the Authority must—
(a) if the person is a company, have regard to all relevant matters, including the matters set out in Schedule 2;
(b) if the person is a partnership, have regard to all relevant matters, including the matters set out in Schedule 3; and
(c) if the person is an individual, have regard to all relevant matters, including the matters set out in section 1(1) of Schedule 4.

### Travel Industry Ordinance 《旅遊業條例》

19. Capital requirement for applicant for travel agent licence
(1) In this section—
specified capital amount (指明資本額) means the amount specified in Schedule 5.
(2) For the purposes of section 8(2)(a)(iii), the capital requirement for an applicant is that—
(a) if the applicant is a company, the amount of the company’s paid-up share capital must not be less than the specified capital amount;
(b) if the applicant is a partnership, the aggregate of amounts in all partners’ capital accounts must not be less than the specified capital amount; and
(c) if the applicant is an individual, the amount in the individual’s capital account must not be less than the specified capital amount.

20. Purpose of guarantee money
The purpose of guarantee money is to guarantee the settlement of any financial penalties imposed on a licensed travel agent under Part 7 or 8.

21. Guarantee money requirement for applicant for travel agent licence or renewal of travel agent licence
(1) This section applies to—
(a) an applicant for a travel agent licence under section 7; or
(b) an applicant for the renewal of a travel agent licence under section 13.
(2) However, this section does not apply to a person who is taken to be a licensed travel agent under Schedule 10.
(3) For the purposes of sections 8(2)(a)(iv) and 14(2)(a)(ii), the guarantee money requirement for an applicant is that the applicant must deposit guarantee money with the Authority in accordance with this section.
(4) The amount of the guarantee money is to be the amount specified for level 2 in Schedule 6.
(5) The guarantee money is to be in the form of a bank guarantee, in terms acceptable to the Authority, from an authorized institution within the meaning of section 2(1) of the Banking Ordinance (Cap. 155).
(6) The period for which the guarantee money is to be deposited is the period specified by the Authority which—
(a) for an applicant for a travel agent licence, may be longer than the validity period of the licence, if issued; or
(b) for an applicant for the renewal of a travel agent licence, may be longer than the validity period of the licence, if renewed.