29
In forceNo proprietary right in licence
Part 3Licences to conduct totalizators
Division 2Applications for and grant of licences
29 No proprietary right in licence
A licence confers no right of property and is incapable of being assigned or mortgaged, charged or otherwise encumbered. This section does not prevent a licensee from conducting activities authorised by the licence in the course of a joint venture or other arrangement to which the licensee is a party.
This Act’s bill:Explanatory memorandumSecond reading speech
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