173INotifiable actions under div 6A.6—trading of class B

173I Notifiable actions under div 6A.6—trading of class B (1) This section applies if a class B licensee gives the commission notice of a notifiable action that includes the disposal of a class B authorisation to a class C licensee under division 6A.6 (Trading of authorisations and gaming machines). (2) On receiving notice of the notifiable action, the commission must— (a) if the class B authorisations are acquired by a class C licensee— amend the class C licensee’s authorisation schedule to include the details of the acquired authorisations; and (b) either— (i) if all class B authorisations under the class B licensee’s authorisation certificate are disposed of—cancel the licence and authorisation certificate; or (ii) in any other case—amend the authorisation schedule to remove the authorisations. Note For the acquisition of class B authorisations as part of the purchase of a disposing licensee’s business, see div 2B.4.

Miscellaneous Part 14