Dealing with nomination of nominee
269 Dealing with nomination of nominee
Subsection (2) applies if, on the commencement—
a person has been nominated under section 109 or 115 of the pre-amended Act to be nominee for a licence; and
the person—
is not taken to be or has not become, under section 109, the nominee for the licence; and
is the holder of a licence for which there is no nominee under this Act.
For the purposes of this Act—
the person’s nomination as nominee for the licence mentioned in subsection (1)(a) is taken to have been withdrawn; and
section 109 of the post-amended Act applies in relation to the licence, including, for example, to the nomination of a person to be nominee for the licence.
Subsection (4) applies if, on the commencement—
a person has been nominated under section 131 of the pre-amended Act to be nominee for a licence; and
the application, under section 129, for which the nomination was made has not been granted by the chief executive; and
the person is the holder of a licence for which there is no nominee under this Act.
For the purposes of this Act—
the person’s nomination as nominee for the licence mentioned in subsection (3)(a) is taken to have been withdrawn; and
section 131 of the post-amended Act applies in relation to the licence, including, for example, to the nomination of a person to be nominee for the licence.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.