Variation of terms of transfer
109X Variation of terms of transfer
This section applies if—
the commissioner has, under section 109T, approved the transfer, by the transferor licensee, of entitlements for the transferor licensed premises to the transferee licensee on a temporary basis under this division; and
the licensees propose to vary the period of the transfer or the consideration for the transfer.
The transferor licensee must apply to the commissioner for approval of the variation.
The application must be—
in writing; and
accompanied by the fee, if any, prescribed under a regulation.
The commissioner must grant the application if the requirements mentioned in section 109U will still be satisfied.
If the commissioner grants the application, the commissioner must give the transferor licensee written notice of the decision.
The commissioner must refuse to grant the application if the requirements mentioned in section 109U will not be satisfied.
If the commissioner refuses to grant the application, the commissioner must give the transferor licensee a written notice stating the decision and the reasons for the decision.
This provision refers to the regulations (a regulation
). Made under this Act:
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