In granting or refusing to grant a licence the licensing officer shall take the following matters into account, namely:-
(a) Whether the applicant
(i) is a minor, or
(ii) is of unsound mind and stands so declared by a competent court, or
(iii) is an undischarged insolvent, or
(iv) has been convicted (at any time during the period of five years immediately preceding the date of application) of an offence, which, in the opinion of the Government, involves moral turpitude;
(b) whether any order has been made in respect of the applicant under sub-section (1) of section 10 and, if so, whether a period of three years has elapsed from the date of that order;
(c) whether the fee for the application has been deposited at the rates specified in rule 12; and
(d) whether security, wherever necessary, has been deposited by the applicant at the rates specified in sub-rule (1) of rule 10.