Can paid assets be pushed to private git repos?

I assume this has been asked before, but I couldn't find a forum entry for it, so I apologize for the duplicate it that's the case.

I'm wondering how to deal with paid assets and source control.
We have 1 paid assets needed by 1 team member only. However, we're using source control (private git repo) for the project. Is that team member allowed to push the asset? This means everyone else in the project would technically have access to it, even if they aren't using it.
On the other hand, it seems unrealistic to pay for licenses = number of team members, if only 1 person is using the assets.

What's the policy recommendation in this case?

 

Im not sure about the legality but as long as only the person who has a licence is the only one using it my guess would be that its fine.

 

If it is an Editor Extension you will require a license for each person who has access to it.