(1) Any person intending to carry out the business of shipping agency shall

(a) apply to the Director General on the prescribed form; and

(b) pay the application fees as may be prescribed in the regulations.

(2) A person shall be licensed as a shipping agent under this Part if that person:-

(a) is a citizen of Tanzania;

(b) is a company incorporated under the Companies Act in which more than sixty per cent of the share capital is held directly or indirectly by a citizen of Tanzania;

(c) possesses the prescribed qualifications for the proper carrying out the business of shipping agency; and

(d) has no criminal record inside or outside the country.

(3) Notwithstanding the provisions of subsection (2), the Director General shall not issue a licence for shipping agency if the applicant is a ship owner, ship operator, charterer, dry port operator or clearing and forwarding agent.

(4) A licence issued under the TASAC Act shall not be transferable to any other person.