Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) A liquor licence that an airport - lessee company is taken to hold under subregulation 48(1) or 50(1) is not transferable but otherwise is to be treated as if it were held under the Liquor Act.
(2) A liquor licence that a person (other than an airport - lessee company) is taken to hold under subregulation 47(1), 49(1) or 51(1), or a subletting of the right to sell liquor that a person is taken to hold under subregulation 48(3) or 50(3), is to be treated as if it were held under the Liquor Act.