What is meant by "licensee" in the context of the Code?

In the context of the Code, a "licensee" refers specifically to the individual or entity that has been granted a license to operate in a certain capacity, typically in relation to a business or professional field. This designation signifies that the licensee has completed all necessary applications and met the requirements set forth by the governing body or regulatory authority.

The term "licensee" implies that this individual or entity has officially obtained permission to engage in activities that require a license, which often includes fulfilling educational, training, or examination criteria. Thus, the applicant becomes a licensee once the application is approved and the requisite standards are met, allowing them to legally conduct business or provide services as allowed under the license.

Understanding this definition is crucial as it highlights the importance of compliance with regulations and the responsibilities that come with being a license holder. It underscores that the licensee holds a recognized status granted by an authority, which distinguishes them from others who may not have gone through the necessary licensing process.