(1) The holder of an approval may transfer the approval to another person.
(2) However, an approval may be transferred only with the written agreement of the transferee.
(3) If an approval is transferred, the transferor must:
(a) write the transferee's name on the document mentioned in regulation 21.440 (the approval document ); and
(b) give the transferee:
(i) the approval document; and
(ii) a copy of each document or record that the holder of the approval is required to keep under regulation 21.455.
(4) If an approval is transferred, the transferor must, within 1 month after the transfer, notify CASA, in accordance with subregulation (5), of the transfer.
(5) A notice under subregulation (4) must:
(a) be in writing; and
(b) identify the approval being transferred; and
(c) state the name and address of the transferee; and
(d) state the date of the transfer.
(6) An offence against subregulation (3) or (4) is an offence of strict liability.