Section 41 of the Principal Act is amended—
(a) by omitting subsection (1) and substituting the following subsection:
“(1) An application for the transfer of a licence—
(a) may be made to the registrar in the appropriate approved form; and
(b) must be accompanied by any information and documents required by the form.”;
(b) by omitting subsection (1D) and substituting the following subsection:
“(1D) A licence may be transferred only if the determined fee is paid.”; and
(c) by omitting subsection (3) and substituting the following subsections:
“(3) If the relevant decision-maker authorises the transfer of a licence, the licensee shall give the licence, and any records kept by the licensee under section 40A, to the registrar.
“(4) The registrar shall endorse the transfer on the licence, and give the endorsed licence and the records to the new licensee.”.