95
CurrentApproval or non approval of transfer
Part 5Commercial activity agreements for recreation areas
Division 6Transfer of authorisations under commercial activity agreements
95 Approval or non approval of transfer
(1)
The chief executive may approve the transfer only if the chief executive is satisfied the buyer is a suitable person for the commercial activity the subject of the authorisation.
(2)
If the chief executive refuses to approve the transfer, the chief executive must give the seller and buyer an information notice for the decision.
This Act’s bill:Explanatory memorandum
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