34IApplication for transfer of licence

34I Application for transfer of licence

(1) A licensee and a person eligible to apply for a licence under section 34 (proposed transferee) may jointly apply to the Regulator to transfer the licensee's licence to the proposed transferee.

(2) A transfer application must—

(b) list the names, addresses and dates of birth (if applicable) of—

(i) the proposed transferee; and

(ii) the associates of the proposed transferee; and

(c) include or be accompanied by any prescribed information; and

(d) be accompanied by the prescribed fee.

(3) The Regulator may request the licensee or the proposed transferee to provide any other document or information that the Regulator considers appropriate in relation to assessing the transfer application.

(4) Without limiting the document or information the Regulator may request under subsection (3), the Regulator may request the applicant to—

(a) provide a criminal history check of the proposed transferee or any associate of the proposed transferee; and

(b) verify any information included with or accompanying the application, including by way of statutory declaration.

(5) If the licensee or proposed transferee does not comply with a request under subsection (3)—

S. 34J inserted by No. 51/2024 s. 8.