State Transport (People Movers) Act 1989

A licence is not capable of being transferred except in accordance with this section and any purported transfer otherwise is void.

The chief executive may, upon application by the holder of the licence and the proposed transferee, transfer a licence.

The transfer shall be subject to such conditions as the chief executive determines.

The chief executive may, in its discretion, refuse to transfer a licence and shall refuse if, in the opinion of the chief executive, the transfer would be contrary to, or not desirable in, the public interest.

An application under this section may be made in respect of a discrete part of the people mover system to which the licence relates and the chief executive, if it consents to the transfer as applied for—

shall issue another licence in respect of that part of the system to which the transfer does not relate or vary, alter or amend the existing licence so that it continues in force in respect only of that part of the system to which the transfer does not relate; and

shall issue a licence in respect of that part of the system to which the transfer relates.