Victorian Numbered Acts

TRANSPORT LEGISLATION (AMENDMENT) ACT 2004 (NO 110 OF 2004) - SECT 49

After section 149(3) of the Transport Act 1983 insert —

    '(3A)         In addition to sub-section (3), the licensing authority may authorize the transfer of a taxi-cab licence if—

        (a)     a relevant dealing is a dealing of a kind or a class, and related information is information of a kind or class, that is required under the regulations to be, as the case requires, conducted, recorded or disclosed in accordance with—

              (i)     the rules of a securities exchange or other system specified by the Secretary; or

              (ii)     a method or rules specified by the Secretary; and

        (b)     the licensing authority is satisfied that—

              (i)     the relevant dealing has been so conducted, recorded or disclosed; and

              (ii)     the related information has been so recorded or disclosed.

    (3B)     In sub-section (3A)—

"relevant dealing" means a dealing for or in connection with the transfer of a taxi-cab licence;

"related information" means information relating to a relevant dealing or necessary to enable a relevant dealing to be conducted.'.