Deciding transfer application
55J Deciding transfer application
The chief executive must decide an application to transfer a commercial activity permit within 20 business days after the chief executive—
receives the application; or
if the chief executive has asked for further information under section 55I—receives the information.
The chief executive may approve the transfer of the commercial activity permit only if the chief executive is satisfied—
the proposed transferee is a suitable person to hold the permit; and
the holder of the permit, or the proposed transferee, does not owe any fee or other amount payable under—
this Act; or
if the permit is part of a single integrated permission or GBR region permit—a related Act.
If the chief executive refuses to approve the transfer, the chief executive must give the holder of the commercial activity permit and the proposed transferee an information notice about the decision.
This Act’s bill:Explanatory memorandum
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