87Registrar must decide whether to approve change in control

87 Registrar must decide whether to approve change in control

Scope (1) This section applies if an application is made for approval of a change in control of a licence holder under section 86. Decision (2) The Registrar must decide: (a) to approve the change in control; or (b) to refuse to approve the change in control.

Note: The applicant must be notified of the decision (see section 88).

(3) Before deciding whether to approve or refuse to approve a change in control, the Registrar may consult with: (a) the Regulator; or (b) the Minister. (4) In deciding whether to approve or refuse to approve a change in control, the Registrar: (a) must have regard to whether the licence would, if the change in control occurred, meet the merit criteria; and (b) must have regard to any matters prescribed by the licensing scheme; and (c) may have regard to the following matters: (i) matters raised in consultations (if any) under subsection (3); (ii) matters prescribed by the licensing scheme; (iii) any other matters the Registrar considers relevant.