46ETransfer of overseas payload permit

46E Transfer of overseas payload permit

(1) The Minister may, by written notice, transfer an overseas payload permit to another person if the Minister could grant the permit to the other person under section 46B.

Note: See section 46H for the procedure for transferring an overseas payload permit.

(2) The transfer takes effect at the time specified in the notice. (3) The Minister must give a copy of the notice to: (a) the holder of the permit immediately before the transfer; and (b) the other person. (4) The permit continues to cover the same facility or place, the same launch vehicle and the same space object or objects. (5) The permit is subject to the same conditions as those in force immediately before the transfer (unless the Minister varies the conditions). (6) The period for which the permit remains in force continues to run despite the transfer.