98Transitional—authorisations to carry on consumer trading

#### 98 Transitional—authorisations to carry on consumer trading (1) If, under the law of a State or Territory, a licence or permission is required to carry on consumer trading of a particular kind, a person who held a trading authorisation to carry on consumer trading of that kind at a regulated airport in the State or Territory is taken to be granted, on the commencement of an airport lease for the airport, the necessary licence or permission. (2) The licence or permission is taken to be subject to the same conditions (if any) as the trading authority. (3) The licence or permission is to be treated as if it had been granted under that law. (4) However, the licence or permission: (a) is not transferable; and (b) ceases: (i) if the person who is taken to hold it ceases to hold the trading authorisation; or (ii) when it would expire under the relevant State or Territory law.