[8AA Transfer of licences]
Gas Act 1986 (1986 c 44) | Legislation

[8AA  Transfer of licences]

[(1)     A licence—

(a)     shall be capable of being transferred by the licence holder, with the consent of the Authority, in accordance with this section and subject to any term of the licence relating to its transfer;

(b)     may include conditions which must be complied with before the licence can be transferred.

(2)     A transfer may relate to the whole or any part of the licence.

(3)     The reference in subsection (2) to part of a licence is a reference to a part of the activities authorised by the licence (whether described by reference to activities being carried on by the licence holder or to activities which he is authorised to carry on).

(4)     Such consent may be given subject to compliance with such modification or other conditions as the Authority considers necessary or expedient.

(5)     In the case of a partial transfer, conditions imposed under subsection (4) may make as respects so much of the licence as is proposed to be retained by the transferor provision different from that made as respects so much of the licence as is proposed to be transferred.

(6)     In deciding whether to give its consent to a proposed transfer,

Powered by Lexis+®

Popular documents