sec.55LSteps after approval of transfer

### sec.55L Steps after approval of transfer This section applies if the chief executive decides to approve the transfer of the joint permission permit. The chief executive must cancel the permit and give the proposed transferee a new joint permission permit (the new permit) authorising the same activities as the cancelled permit immediately before it was cancelled under this section. The new permit— starts on the later of the following days (the transfer day )— the day the application is decided; the day stated in the application for the approval of the transfer as the day on which the transfer is to take effect; and ends on the day the cancelled permit would have ended if it were not cancelled under this section. The new permit is subject to the same conditions as the cancelled permit immediately before it was cancelled under this section. Despite subsection (4) , the chief executive may impose a new or different condition on the new permit if— the proposed transferee consents to the new or different condition; or it is a condition that provides for an indemnity for the State against any liability for loss or damage that is suffered by any person and is caused, whether directly or indirectly, by the activities conducted under the permit; or it is a condition that provides for the compensation or reimbursement of any loss or expense incurred by the State in relation to activities conducted under the permit. The holder of the permit cancelled under subsection (2) must return it to the chief executive before the end of the day after the transfer day. s 55L ins 2014 No. 63 s 17 (sec.55L-ssec.1) This section applies if the chief executive decides to approve the transfer of the joint permission permit. (sec.55L-ssec.2) The chief executive must cancel the permit and give the proposed transferee a new joint permission permit (the new permit) authorising the same activities as the cancelled permit immediately before it was cancelled under this section. (sec.55L-ssec.3) The new permit— starts on the later of the following days (the transfer day )— the day the application is decided; the day stated in the application for the approval of the transfer as the day on which the transfer is to take effect; and ends on the day the cancelled permit would have ended if it were not cancelled under this section. (sec.55L-ssec.4) The new permit is subject to the same conditions as the cancelled permit immediately before it was cancelled under this section. (sec.55L-ssec.5) Despite subsection (4) , the chief executive may impose a new or different condition on the new permit if— the proposed transferee consents to the new or different condition; or it is a condition that provides for an indemnity for the State against any liability for loss or damage that is suffered by any person and is caused, whether directly or indirectly, by the activities conducted under the permit; or it is a condition that provides for the compensation or reimbursement of any loss or expense incurred by the State in relation to activities conducted under the permit. (sec.55L-ssec.6) The holder of the permit cancelled under subsection (2) must return it to the chief executive before the end of the day after the transfer day. - (a) starts on the later of the following days (the transfer day )— (i) the day the application is decided; (ii) the day stated in the application for the approval of the transfer as the day on which the transfer is to take effect; and - (i) the day the application is decided; - (ii) the day stated in the application for the approval of the transfer as the day on which the transfer is to take effect; and - (b) ends on the day the cancelled permit would have ended if it were not cancelled under this section. - (i) the day the application is decided; - (ii) the day stated in the application for the approval of the transfer as the day on which the transfer is to take effect; and - (a) the proposed transferee consents to the new or different condition; or - (b) it is a condition that provides for an indemnity for the State against any liability for loss or damage that is suffered by any person and is caused, whether directly or indirectly, by the activities conducted under the permit; or - (c) it is a condition that provides for the compensation or reimbursement of any loss or expense incurred by the State in relation to activities conducted under the permit.