60Decision on application

##### 60 Decision on application (1) This section applies where the holder of a licence applies under section 59 to transfer the licence to another corporation. (2) The Minister: (a) may defer consideration of the application for as long as he or she thinks appropriate; and (b) subject to subsection (3), may, in his or her absolute discretion, either grant or refuse the application. (3) The Minister must refuse the application if the other corporation is not an eligible corporation. (4) If the Minister grants the application, he or she must: (a) revoke the licence; and (b) grant under paragraph 57(1)(b) a general telecommunications licence or a public mobile licence, as the case requires, to the other corporation.