(1) A person may apply to the Competent Authority for approval to transfer a licence.(2) The application is to be (a) in a form approved by the Competent Authority; and(b) accompanied by the duly executed instrument of transfer; and(c) accompanied by the applicable fee set out in the Dangerous Goods (Fees) Regulations 1998 ; and(d) lodged with the Competent Authority within 28 days after the transfer is executed.(3) The Competent Authority may (a) grant the application, with or without conditions; or(b) refuse to grant the application.(4) The Competent Authority may refuse to grant the application only if the Competent Authority reasonably considers that (a) the proposed transferee is unable, or is unlikely, to comply with these regulations; or(b) the relevant premises are not suitable for the purposes of the licence; or(c) it is not in the interests of public safety to grant the application.(5) The Competent Authority must, as soon as practicable after considering an application for approval to transfer a licence, give the licensee notice of (a) the grant of the application; or(b) the refusal to grant the application and the reasons for the refusal.(6) The transfer (a) is of no effect unless approved by the Competent Authority; and(b) takes effect, if approved, on the date of the approval.