360Dealings in licences to be in writing

360 Dealings in licences to be in writing

360 Dealings in licences to be in writing

(1) An interest in a licence may be created, transferred, affected or otherwise dealt with only by a written document.

Note—

A transfer must be in writing because it is a dealing.

(2) Subsection (1) does not apply to the rights of a licence holder that devolve to a person by operation of law.

Note 1—

Rights might devolve to a person, for example, by operation of the laws relating to intestacy or bankruptcy.

Note 2—

For the registration of rights that devolve to a person by operation of law see section 340.