34
In forceTransfer of depot licence
Part 5Depot licences
34 Transfer of depot licence
For subsection 77Z(2) of the Act, a depot licence may be transferred:
(a)
if the licence holder dies—to the legal personal representative of the licence holder; or
(b)
if the licence holder is a company for which a receiver is appointed—to the receiver of the company; or
(c)
if the licence holder is a company for which an administrator is appointed under section 436A, 436B or 436C of the Corporations Act 2001—to the administrator of the company.
This Act’s bill:Explanatory statement
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