54Minister may impose further conditions on transfer or change of control

1. The Minister may grant consent to a transfer or change of control under section 53 subject to any further conditions of a kind described in section 10, 18, 26, 34, 41, 48, or 49D as the Minister thinks fit.

2. All conditions of the Minister’s consent are, for the purposes of this Act, to be treated as conditions of the relevant licence, permit, or authorisation.

3. If, as a result of the transfer of an interest in a licence, permit, or authorisation in accordance with section 53, a person ceases to have an interest in the licence, the permit, or the authorisation, that person ceases to have any rights or obligations under the licence, permit, or authorisation except in respect of any contravention of the conditions of the licence, permit, or authorisation that occurred before the date of the transfer of the interest.

4. Subsection (3) is subject to—

5. the conditions of licence, permit, or authorisation; and
6. the conditions of the Minister’s consent to the transfer of the interest.