Before deciding whether or not to grant a licence, the provincial licensing authority considering the application must:
(a) | conduct an assessment of the application against the specific evaluation criteria laid down in regulation 37, 46 or 59; |
(b) | conduct a thorough probity investigation of— |
(ii) | persons who own five percent or more of the applicant; and |
(iii) | other persons contemplated in regulation 15 identified in the application; and |
(c) | in respect of applications for route and independent site operators, conduct a financial viability investigation to determine the suitability of the applicant. |