sec.49Deciding transfer application

### sec.49 Deciding transfer application The chief executive must decide a transfer application within 20 business days after the chief executive— receives the application; or if the chief executive has asked for further information under section 48 —receives the information. The chief executive may approve the transfer of a permission only if the chief executive is satisfied the proposed transferee is a suitable person to hold the permission. If the chief executive refuses to approve the transfer, the chief executive must give the holder of the permission and the proposed transferee an information notice about the decision. (sec.49-ssec.1) The chief executive must decide a transfer application within 20 business days after the chief executive— receives the application; or if the chief executive has asked for further information under section 48 —receives the information. (sec.49-ssec.2) The chief executive may approve the transfer of a permission only if the chief executive is satisfied the proposed transferee is a suitable person to hold the permission. (sec.49-ssec.3) If the chief executive refuses to approve the transfer, the chief executive must give the holder of the permission and the proposed transferee an information notice about the decision. - (a) receives the application; or - (b) if the chief executive has asked for further information under section 48 —receives the information.