Document ID: chunk:federal_register_of_legislation:F2024C00895:reg:4aw
Version: federal_register_of_legislation:F2024C00895
Segment Type: reg
Provision Reference: reg 4AW
Character Range: 37946–38874

4AW  Transfer of licence
 (1) An application may be made to the Secretary for the transfer of a licence from the licensee to another person (the proposed transferee).
 (2) The application must be made jointly by the licensee and the proposed transferee in a form approved by the Secretary.
 (3) Regulations 4AK to 4AO apply to an application under this regulation as if the proposed transferee were the applicant for a licence.
 (4) On a transfer of the licence, the transferee becomes the licensee and:
 (a) has the authority conferred by the licence on a licensee; and
 (b) is subject to the obligations imposed on the licensee by this Part and the licence conditions.
 (5) The transfer of a licence does not affect the term of a licence.
Note: An application may be made to the Administrative Review Tribunal for a review of a decision by the Secretary under regulation 4AL as applied by this regulation—see regulation 4CN.