339Other dealings in licences

339 Other dealings in licences

339 Other dealings in licences

(1) The Minister must register a document (other than a transfer of a licence or a share in a licence) that creates, transfers, affects or otherwise deals with an interest in a licence if:

(a) a party to the dealing lodges the document for registration, and

(b) a party to the dealing lodges a copy of the document, and

(c) the fee prescribed by the regulations is paid, and

(d) section 341 (caveats) does not prevent the registration of the dealing.

(2) The Minister must also register the date and time of registration of the dealing.

(3) If a document purports to create, transfer, affect or otherwise deal with an interest in a licence, the Minister is to register the document under this section without inquiring into or being concerned as to the legal effectiveness of the document.

(4) The Minister must keep the copy of the document.

(5) The Minister must return the document to the person who lodged it.

(6) The registration of a document under this section does not give the document any greater effect than it would have had apart from this Act.