sec.254Deciding transfer application

### sec.254 Deciding transfer application The administering authority must consider each transfer application and decide to— approve the transfer; or refuse the transfer. Despite subsection (1) , the application must be approved if the proposed holder is a registered suitable operator. The decision under subsection (1) must be made— if the proposed holder is a registered suitable operator—within 10 business days after the transfer application is received; or if the proposed holder is not a registered suitable operator—when an application for registration as a suitable operator is decided under chapter 5A , part 4 , division 1 . s 254 ins 2000 No. 64 s 6 amd 2005 No. 53 s 64 sub 2012 No. 16 ss 7 – 8 (sec.254-ssec.1) The administering authority must consider each transfer application and decide to— approve the transfer; or refuse the transfer. (sec.254-ssec.2) Despite subsection (1) , the application must be approved if the proposed holder is a registered suitable operator. (sec.254-ssec.3) The decision under subsection (1) must be made— if the proposed holder is a registered suitable operator—within 10 business days after the transfer application is received; or if the proposed holder is not a registered suitable operator—when an application for registration as a suitable operator is decided under chapter 5A , part 4 , division 1 . - (a) approve the transfer; or - (b) refuse the transfer. - (a) if the proposed holder is a registered suitable operator—within 10 business days after the transfer application is received; or - (b) if the proposed holder is not a registered suitable operator—when an application for registration as a suitable operator is decided under chapter 5A , part 4 , division 1 .