Transfer of licences and other authorisations
11 Transfer of licences and other authorisations
This clause applies to an authorisation granted to a transferor under an Act or statutory rule and in force immediately before a transfer by an order to which this Schedule applies.
Note.
Acts under which authorisations are granted to public transport agencies include the Environmental Planning and Assessment Act 1979, Home Building Act 1989, National Parks and Wildlife Act 1974, Place Management NSW Act 1998, Protection of the Environment Operations Act 1997 and Sydney Water Act 1994.
An authorisation is, to the extent that it relates to assets, rights or liabilities of a transferor, taken to be held by the transferee on the same terms and conditions as the transferor held the authorisation immediately before the transfer.
The regulations may exempt an authorisation from the operation of this clause.
This clause does not prevent an authorisation from being varied, cancelled or replaced.
In this clause—
authorisation includes a licence, permit, approval, consent or exemption.
This provision refers to the regulations (The regulations may exempt
). Made under this Act:
This Act’s bill:Explanatory memorandum
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