(1)  A venue licence is not transferable to any other person or licensed premises.

(2)  Despite subsection (1) , if the Commission considers it appropriate the Commission may endorse on a venue licence the name of any of the following persons:

(a) a person who is, or intends to become, the legal personal representative of a deceased holder of the licence;

(b) the guardian or administrator appointed under the Guardianship and Administration Act 1995 in respect of the holder of the licence who is a represented person, within the meaning of that Act;

(c) the official receiver, trustee or assignee of the holder of the licence who becomes bankrupt or takes or applies to take the benefit of any law for the relief of bankrupt or insolvent debtors, compounds with creditors or makes an assignment of remuneration for the benefit of creditors.

(d) .  .  .  .  .  .  .  .  

(3)  A person whose name is endorsed on a venue licence under subsection (2) is taken to be the holder of the licence for the period not exceeding 12 months determined by the Commission and the original holder of the licence ceases to be the holder of the licence.

(3A)  The Commission may extend the period referred to in subsection (3) if it considers it appropriate to do so.

(4)  If the Commission endorses a person's name on a venue licence under subsection (2) , it may at the same time amend the licence and give directions in respect of the conduct of gaming under, and the administration of the business relating to, that licence.

(5)  A person whose name is endorsed on a venue licence under subsection (2) must comply with a direction given to that person under subsection (4) .

Penalty:  Fine not exceeding 1 000 penalty units.