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Transfer of licences and permits.
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19.—(1) Save in the manner and to the extent authorised by this section, licences and permits granted under this Act shall not be transferable.
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(2) Where the right to the possession of a stallion in respect of which a licence or permit granted under this Act is in force passes from the holder of such licence or permit to another person (in this section called the transferee) either by a transfer or devolution of the property in the stallion or by a loan, hire, or lease of the stallion for a period exceeding six months, or by the cesser or surrender of any such loan, hiring, or lease, the following provisions shall have effect, that is to say:—
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(a) the Minister may, on the application of the transferee and on notice to the holder of such licence or permit or his personal representative and on compliance with the prescribed conditions, transfer such licence or permit in the prescribed manner to the transferee;
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(b) if such licence or permit is not so transferred, such licence or permit shall, subject to the provisions of this section, cease to be in force and shall be deemed to have been revoked by the Minister at the expiration of one month after the right to the possession of such stallion passes from the holder of such licence or permit to the transferee;
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(c) no offence under this Act shall be deemed to be committed by reason only of the transferee keeping or having possession of such stallion during the period between his applying for a transfer of such licence or permit and his receipt of the decision of the Minister on such application, and for the purposes of this paragraph the decision of the Minister, if communicated to the transferee by post, shall be deemed to be received by him at the time when the same would be delivered in the ordinary course of the post.
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(3) On the death of the holder of a licence or permit granted under this Act, the personal representative of such holder may retain possession of the stallion to which such licence or permit relates for a period not exceeding three months from the death of such holder or until the sooner termination of such licence or permit, without obtaining a transfer to himself of such licence or permit, and such personal representative shall during such period or until such termination (as the case may be) be deemed for the purposes of this Act to be the holder of such licence or permit.
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