Document ID: chunk:federal_register_of_legislation:C2024C00638:section:7
Version: federal_register_of_legislation:C2024C00638
Segment Type: section
Provision Reference: s 7
Character Range: 47319–48269

7  Transfer of a licence
 (1) For the purposes of this Act, a licence is transferred if:
 (a) the licence has only one holder and the holder transfers the whole of his or her interest in the licence to another person or other persons; or
 (b) the licence has 2 or more holders and the holders all transfer the whole of their interests in the licence to another person or other persons.
 (2) For the purposes of this Act, a share in a licence is transferred if:
 (a) the licence has only one holder and the holder transfers a part of the holder's share in the licence to another person or other persons; or
 (b) the licence has 2 or more holders and:
 (i) some, but not all, of the holders transfer the whole of their shares in the licence to another person; or
 (ii) some or all of the holders transfer a part of their shares in the licence to another person.
 (3) The other person referred to in paragraph (2)(b) may be an existing licence holder.