57Effect of transfer or relocation

57 Effect of transfer or relocation (1) A transfer of a licence or BYO permit operates as a like licence or BYO permit granted to the transferee— (a) for the residue of the term for which the licence or BYO permit was granted to the transferor; or (b) if the transfer takes place after application for renewal of the licence or BYO permit has been made and before the date of operation of that renewal—for the period for which the licence or BYO permit is to be renewed. S. 57(2) amended by No. 58/2011 s. 104(Sch. item 4.98). (2) If the Commission grants an application for the relocation of a licence or BYO permit, the licence or permit has effect as if it had been granted in respect of the premises to which it is relocated. Pt 2 Div. 7 (Heading) substituted by No. 58/2011 s. 104(Sch. item 4.99) (as amended by No. 70/2013 s. 3(Sch. 1 item 57.2)).