72ASpecial provisions relating to co-holdings in access licences

#### 72A Special provisions relating to co-holdings in access licences 72A Special provisions relating to co-holdings in access licences > > (1) Subject to sections 71M, 71N and 74, any dealing in relation to an access licence held by co-holders, and any application for the Minister’s consent to such a dealing, requires the consent of all of the co-holders (a co-holder’s consent). > > > (2) A co-holder of an access licence may, in accordance with the regulations— > > > > > (a) appoint another co-holder (the first co-holder’s nominee), to give, on his or her behalf, any co-holder’s consent required by subsection (1) in relation to an application for the Minister’s consent to a dealing, and > > > > > (b) revoke any appointment that the co-holder has made under paragraph (a). > > > (3) The same person may be nominee for more than one co-holder. > > > (4) Any co-holder’s consent given by the co-holder’s nominee in relation to an application for the Minister’s consent to a dealing in an access licence is taken to have been given by the co-holder. > > > (5) The revocation of a nominee’s appointment under subsection (2) (b) does not affect any co-holder’s consent given by the nominee before the revocation took effect. > > **s 72A:** Ins 2005 No 118, Sch 1 \[28\]. Subst 2008 No 73, Sch 4 \[7\].