Common use of Transfer of Licence Clause in Contracts

Transfer of Licence. s. 74 (1) A licence issued under section 67 may, in accordance with this section, be transferred to another person. (2) A transfer may be either permanent or temporary. (3) A licensee may apply to the Minister for approval of the transfer of the licence. (4) An application must— (a) be made in a form and manner approved by the Minister; and (b) contain any information that— (i) is prescribed; or (ii) is required by the Minister; and (c) be accompanied by any application fee fixed by the Minister. (5) In considering an application, the Minister may have regard to the matters mentioned in section 68. (6) If an application is made, the Minister may— (a) refuse to approve the transfer of the licence; or (b) approve the transfer of the licence and may, in addition, amend or delete any of the conditions to which the licence is subject or add a new condition but must not make the licence subject to any condition to which it could not have been made subject under section 71(1).

Transfer of Licence. s. 74 (1) A licence issued under section 67 may, in accordance with this section, be transferred to another person. (2) A transfer may be either permanent or temporary. (3) A licensee may apply to the Minister for approval of the transfer of the licence. (4) An application must— (a) be made in a form and manner approved by the Minister; and (b) contain any information that— (i) is prescribed; or (ii) is required by the Minister; and (c) be accompanied by any application fee fixed by the Minister. (5) In considering an application, the Minister may have regard to the matters mentioned in section 68. (6) If an application is made, the Minister may— (a) refuse to approve the transfer of the licence; or (b) approve the transfer of the licence and may, in addition, amend or delete any of the conditions to which the licence is subject or add a new condition but must not make the licence subject to any condition to which it could not have been made subject under section 71(1).