Australian Capital Territory Numbered Acts

TRADERS (LICENSING) ACT 2016 (NO. 46 OF 2016) - SECT 25

    (1)     If a licensee applies to transfer a licence, the commissioner must, within the decision-making period—

        (a)     approve the transfer; or

        (b)     refuse to approve the transfer.

    (2)     The commissioner may approve the transfer to the transferee only if the commissioner is satisfied—

        (a)     about the identity of a relevant person for the transferee; and

        (b)     that the transferee—

              (i)     is eligible to hold the licence; and

              (ii)     is a suitable entity to hold the licence.

    (3)     A transfer is subject to any condition—

        (a)     required under an operational Act; or

        (b)     if the commissioner is satisfied on reasonable grounds that imposing a condition is in the public interest—imposed by the commissioner when approving the transfer; or

        (c)     prescribed by regulation.

Note     Power to make a statutory instrument (including a regulation) includes power to make different provision in relation to different matters or different classes of matters (see Legislation Act

, s 48).