27Approval of transfer of licences

27 Approval of transfer of licences

(1)  The Authority may –

(a) approve an application to transfer a licence, with or without conditions; or

(b) refuse to approve the application.

(2)  The Authority, by notice in writing, must notify the licensee of –

(a) the approval of an application to transfer a licence and any conditions imposed; or

(b) the refusal to approve the application and the reasons for the refusal.

(3)  A transfer –

(a) is of no effect unless approved by the Authority; and

(b) takes effect, if approved, on the date of the approval.

(4)  The Authority may only refuse an application for the transfer of a licence for a reason specified in section 20 .