Nature Conservation (Protected Areas Management) Regulation 2024
sec.196Approval or non-approval of transfer
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sec.196 Approval or non-approval of transfer
The chief executive may approve the transfer only if the chief executive is satisfied, having regard to the matters mentioned in section 164 (2) and (3) , that the buyer is a suitable person to be a party to the commercial activity agreement. If the chief executive refuses to approve the transfer, the chief executive must give the seller and the buyer an information notice for the decision. (sec.196-ssec.1) The chief executive may approve the transfer only if the chief executive is satisfied, having regard to the matters mentioned in section 164 (2) and (3) , that the buyer is a suitable person to be a party to the commercial activity agreement. (sec.196-ssec.2) If the chief executive refuses to approve the transfer, the chief executive must give the seller and the buyer an information notice for the decision.