Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts22. After section 42 of the Principal Act the following section is inserted in Division 4 of Part IV:
“42AA. (1) If the relevant decision maker in relation to the transfer of a licence considers on reasonable grounds that the proposed transferee does not sufficiently understand the obligations of a licensee under this Act, the decision maker may transfer the licence subject to the condition that the proposed transferee undertake a specified approved training program in relation to those obligations within a reasonable specified time after the transfer of the licence.
“(2) Where the relevant decision maker has reasonable grounds for believing that a proposed transferee intends to hold the licence for the purposes of a partnership, a reference in subsection (1) to the proposed transferee is to be read as including a reference to each of the partners who the relevant decision maker has reasonable grounds for believing intends to be concerned in, or to take part in, the management of the partnership's business in relation to the licence, whether or not the partner's name appears on the application for the transfer of the licence.
“(3) Where a proposed transferee is a body corporate, a reference in this section to the proposed transferee (including a reference by virtue of subsection (2) to a partner of the proposed transferee) is to be read as including a reference to a defined influential person in relation to the body.”.