Licence does not include proprietary right

In force

(1)

A licence—

(a)

does not confer a right of property on the licensee; and

(b)

cannot be assigned; and

(c)

cannot be mortgaged, charged or otherwise encumbered.

(2)

However, subsection (1) does not stop a licensee conducting an activity authorised by the licence in a joint venture or other arrangement to which the licensee is a party.

This Act’s bill:Explanatory statement Second reading speech

Research tools for this sectionSubscription

Cited by Analyse Interrogate History Equivalents

The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.

15 Licence does not include proprietary right