600Transfer of major hazard facility licence

600 Transfer of major hazard facility licence

600 Transfer of major hazard facility licence

(1) The regulator, on the application of the operator of a major hazard facility, may transfer a major hazard facility licence to another person who is to become the operator of the major hazard facility, if satisfied the proposed operator will achieve a standard of health and safety in the operation of the facility that is at least equivalent to the standard that the current operator has achieved.

(2) An application must be—

(a) made in the way and form required by the regulator, and

(b) accompanied by the relevant fee.

(3) The regulator may transfer the licence subject to the conditions that the regulator considers necessary and appropriate to ensure the new operator will be able to achieve a standard of health and safety in the operation of the facility that is at least equivalent to the standard achieved by the existing operator.

(4) On the completion of the transfer, the person to whom the licence is transferred becomes the operator of the major hazard facility for the purposes of this chapter.

(5) A transfer of a major hazard facility licence under this section does not take effect until the person to whom the licence is to be transferred pays the relevant fee.

Notes—

Note—

Subsection (5) is a NSW provision.