Transfer of licences

(1) No person carrying on a trade under a licence granted under this Act may transfer the licence for such trade except with the prior approval in writing of the Board and upon payment of a fee of fifty dollars to the Board. (2) The approval of the transfer of a licence referred to in sub-section (1), shall be made at a meeting of the Board, at which the person to whom the transfer is to be made , and the person intending to make the transfer, shall be present. (3) The Board shall request the persons referred to in sub- section (2), to answer any questions and queries as may be put to them by the Board regarding the transfer of the licence. 16