Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies if a licence holder (the transferor ) proposes that the licence be transferred to another eligible person (the transferee )
(2) The transferor or the transferee may apply to the Registrar for the licence to be transferred from the transferor to the transferee.
(3) The licensing scheme must prescribe procedures for:
(a) an application under subsection (2) to be made; and
(b) the Minister to consider such an application.
(4) The transferor may only make an application under subsection (2) with the agreement of the transferee.
(5) The transferee may only make an application under subsection (2) with the agreement of the transferor.