Section 5Sec./Art. 5

PSA Operator or Licensee. Noapplicant shall be granted a license to operate a PSA unless the applicant possesses the following qualifications:

(a)Must be at least twenty-five (25) years of age;

(b)Must hold a bachelor's degree;

(c)Must be a part owner of the company or in case of juridical entity, holder of at least one (1) share of stock with voting rights;

(d)Must be of good moral character;

(e)Must not have been convicted of any crime or offense involving moral turpitude; and

(f)Must be physically and mentally fit, and passed the neuro-psychiatric test and drug test administered by the PNP or other similar government centers and facilities:

Provided, That in case of juridical entity, the named operator or licensee shall be its President or any of its directors complying with the above requirements and duly authorized by their Board of Directors.