Singapore legislation
Section 17
Section 17
Restriction on transfer of licence
(1)
A licence must not be transferred or assigned to any person without the prior written consent of the Commissioner.
(2)
Any purported transfer or assignment of a licence in contravention of this section is void and of no effect.
(3)
Any consent under subsection (1) may be given subject to compliance with any conditions that the Commissioner thinks fit to impose, which may, subject to section 12, include conditions modifying, or requiring or otherwise providing for the making of modifications to, the conditions of the licence.