WEAPONS ACT 1990 - SECT 21
Certain licences transferable
WEAPONS ACT 1990 - SECT 21
Certain licences transferable
21 Certain licences transferable
(1) A licence is transferable only in the circumstances mentioned in this
section.
(2) The following licences may be transferred on a sale of a
business—
• armourer’s licence
• dealer’s licence
• security
licence (organisation)
• theatrical ordnance supplier’s licence.
(3) The
proposed purchaser of the business must apply for the appropriate licence
under section 13.
(4) If an authorised officer is satisfied the proposed
purchaser is otherwise entitled to be issued with the licence, the authorised
officer may approve the transfer of the licence subject to the sale of a
business being finalised.
(5) If an authorised officer approves the transfer,
the purchaser is taken to be the holder of the licence from the time the sale
is finalised until the licence is formally transferred or a fresh licence is
issued in the purchaser’s name for the balance of the original licence’s
term.