sec.61QIPlantation licence may be transferred

### sec.61QI Plantation licence may be transferred A plantation licensee may transfer its rights and obligations under a plantation licence to another corporation ( new licensee ) only with the Minister’s written approval. A transfer of a plantation licence is effective, on its registration, to transfer the obligations of the plantation licensee under the plantation licence to the new licensee despite any rule of law to the contrary. To remove any doubt, it is declared that part of a plantation licence can not be transferred. See division 7 for provisions about the division of a plantation licence. If the Minister decides to refuse to approve the transfer, the plantation licensee must be given a written notice of the decision and the reasons for it. s 61QI ins 2010 No. 12 s 45 (sec.61QI-ssec.1) A plantation licensee may transfer its rights and obligations under a plantation licence to another corporation ( new licensee ) only with the Minister’s written approval. (sec.61QI-ssec.2) A transfer of a plantation licence is effective, on its registration, to transfer the obligations of the plantation licensee under the plantation licence to the new licensee despite any rule of law to the contrary. (sec.61QI-ssec.3) To remove any doubt, it is declared that part of a plantation licence can not be transferred. See division 7 for provisions about the division of a plantation licence. (sec.61QI-ssec.4) If the Minister decides to refuse to approve the transfer, the plantation licensee must be given a written notice of the decision and the reasons for it.