(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.