sec.150ANotification of change—artisan producer licence (beer)

### sec.150A Notification of change—artisan producer licence (beer) This section applies if the holder of an artisan producer licence (beer) is a corporation. The licensee must give the commissioner written notice under this section if— a non-large brewer to which the licensee is related becomes a large brewer; or the licensee becomes related to a brewer that is a large brewer. Maximum penalty—100 penalty units. A notice under subsection (2) (a) must be given within 14 days of the end of the financial year in which the brewer becomes a large brewer. A notice under subsection (2) (b) must be given within 14 days of the day the licensee becomes related to the large brewer. For subsection (2) , a licensee that is a corporation is related to a brewer if— 20% or more of the corporation’s shares are owned by, or held in trust for, the brewer or a subsidiary of the brewer; or 20% or more of the votes that may be cast at a general meeting of the corporation are able to be cast by, or on behalf of, the brewer or a subsidiary of the brewer. In this section— large brewer means a brewer that produces more than 40 million litres of beer in any financial year. non-large brewer means a brewer other than a large brewer. s 150A ins 2021 No. 4 s 25 (sec.150A-ssec.1) This section applies if the holder of an artisan producer licence (beer) is a corporation. (sec.150A-ssec.2) The licensee must give the commissioner written notice under this section if— a non-large brewer to which the licensee is related becomes a large brewer; or the licensee becomes related to a brewer that is a large brewer. Maximum penalty—100 penalty units. (sec.150A-ssec.3) A notice under subsection (2) (a) must be given within 14 days of the end of the financial year in which the brewer becomes a large brewer. (sec.150A-ssec.4) A notice under subsection (2) (b) must be given within 14 days of the day the licensee becomes related to the large brewer. (sec.150A-ssec.5) For subsection (2) , a licensee that is a corporation is related to a brewer if— 20% or more of the corporation’s shares are owned by, or held in trust for, the brewer or a subsidiary of the brewer; or 20% or more of the votes that may be cast at a general meeting of the corporation are able to be cast by, or on behalf of, the brewer or a subsidiary of the brewer. (sec.150A-ssec.6) In this section— large brewer means a brewer that produces more than 40 million litres of beer in any financial year. non-large brewer means a brewer other than a large brewer. - (a) a non-large brewer to which the licensee is related becomes a large brewer; or - (b) the licensee becomes related to a brewer that is a large brewer. - (a) 20% or more of the corporation’s shares are owned by, or held in trust for, the brewer or a subsidiary of the brewer; or - (b) 20% or more of the votes that may be cast at a general meeting of the corporation are able to be cast by, or on behalf of, the brewer or a subsidiary of the brewer.