Section 6 of the Principal Act is amended as follows:

(a) by omitting subsection (1) and substituting the following subsection:

(1)  Subject to subsection (3), a person who is eligible to hold a licence may make an application to the Director for a licence.

(b) by inserting the following subsection after subsection (2) :

(3)  A person who is entitled to hold a licence by virtue of holding deemed registration is not required to make an application for the licence in accordance with this Act.