sec.370Joint holders of a GHG authority

sec.370 Joint holders of a GHG authority

A GHG authority may be held by 2 or more persons as joint tenants or as tenants in common. If— an application is made for a GHG authority, or for approval under the Common Provisions Act of a prescribed dealing that is a transfer of a GHG authority, for more than 1 proposed holder or transferee; and the application does not show whether the proposed holders or transferees are to hold as joint tenants or as tenants in common; and the application is granted; the chief executive must record in the register that the applicants hold the GHG authority as tenants in common. In this section— GHG authority includes a share in a GHG authority. s 370 amd 2012 No. 20 s 147 ; 2014 No. 47 ss 322 , 336 ; 2020 No. 14 s 218 sch 1 (sec.370-ssec.1) A GHG authority may be held by 2 or more persons as joint tenants or as tenants in common. (sec.370-ssec.2) If— an application is made for a GHG authority, or for approval under the Common Provisions Act of a prescribed dealing that is a transfer of a GHG authority, for more than 1 proposed holder or transferee; and the application does not show whether the proposed holders or transferees are to hold as joint tenants or as tenants in common; and the application is granted; the chief executive must record in the register that the applicants hold the GHG authority as tenants in common. (sec.370-ssec.3) In this section— GHG authority includes a share in a GHG authority.

• (a) an application is made for a GHG authority, or for approval under the Common Provisions Act of a prescribed dealing that is a transfer of a GHG authority, for more than 1 proposed holder or transferee; and
• (b) the application does not show whether the proposed holders or transferees are to hold as joint tenants or as tenants in common; and
• (c) the application is granted;