Control of Manufactures Act, 1932

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Transfer of new manufacture licences.

8.—Where a new manufacture licence authorising the doing of a thing in the course or as part of a business is in force, and the ownership of such business has been transferred, whether by act of the parties or operation of law, from the licensee under such new manufacture licence to another person, the following provisions shall have effect, that is to say:—

(a) such person may apply to the Minister to transfer such licence to him, and on such application being made the Minister shall, unless such transfer would be a contravention of the conditions of such licence, transfer such licence to such person;

(b) where such new manufacture licence is so transferred it shall be deemed to have been transferred as on the date on which such business is transferred.