Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) For the purposes of this Act, a licence is transferred if:
(a) the licence has only one holder and the holder transfers the whole of his or her interest in the licence to another person or other persons; or
(b) the licence has 2 or more holders and the holders all transfer the whole of their interests in the licence to another person or other persons.
(2) For the purposes of this Act, a share in a licence is transferred if:
(a) the licence has only one holder and the holder transfers a part of the holder's share in the licence to another person or other persons; or
(b) the licence has 2 or more holders and:
(i) some, but not all, of the holders transfer the whole of their shares in the licence to another person; or
(ii) some or all of the holders transfer a part of their shares in the licence to another person.
(3) The other person referred to in paragraph (2)(b) may be an existing licence holder.
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