(1) This section applies if, before the commencement day—
(a) the holder of a licence or a registered financial interest in the licence, together with the proposed transferee, have made an application to the Secretary under section 56(2); and
(b) the Secretary has not made a decision to refuse or grant the application.
(2) On and after the commencement day, the Victorian Fisheries Authority must determine the application.
S. 198H inserted by No. 68/2016 s. 151.