69Transfers

69 Transfers

(1) The holder of an authority must not transfer the authority or any legal or equitable interest in the authority to another person, unless the holder or the person to whom the authority is to be transferred has applied and obtained the approval of the Minister to the transfer.

(2) A person applying for the approval of a transfer—

(a) must apply for the approval in the manner required by the Minister; and

(b) must submit the following details concerning the person to whom the authority is to be transferred—

(i) the person's relevant technical qualifications and the relevant technical qualifications of the person's employees; and

(ii) the relevant technical advice available to the person; and

(iii) the financial resources available to the person; and

(c) must submit evidence of the ability of the person to whom the authority is to be transferred to comply with this Act; and

(d) must submit any other details or matter required by the Minister to enable the Minister to assess the application; and

(e) may set out other matters that the person wishes the Minister to consider; and

(f) must submit a transfer document in the form approved by the Minister that has been executed by the parties to the proposed transfer.

S. 69A inserted by No. 64/2012 s. 8.