Queensland Consolidated Acts

LIQUOR ACT 1992 - SECT 150A

150A Notification of change—artisan producer licence (beer)

(1) This section applies if the holder of an artisan producer licence (beer) is a corporation.

(2) The licensee must give the commissioner written notice under this section if—

(a) a non-large brewer to which the licensee is related becomes a large brewer; or

(b) the licensee becomes related to a brewer that is a large brewer.

Penalty—

Maximum penalty—100 penalty units.

(3) A notice under subsection (2) (a) must be given within 14 days of the end of the financial year in which the brewer becomes a large brewer.

(4) A notice under subsection (2) (b) must be given within 14 days of the day the licensee becomes related to the large brewer.

(5) For subsection (2) , a licensee that is a corporation is related to a brewer if—

(a) 20% or more of the corporation’s shares are owned by, or held in trust for, the brewer or a subsidiary of the brewer; or

(b) 20% or more of the votes that may be cast at a general meeting of the corporation are able to be cast by, or on behalf of, the brewer or a subsidiary of the brewer.

(6) In this section—

"large brewer" means a brewer that produces more than 40 million litres of beer in any financial year.

"non-large brewer" means a brewer other than a large brewer.