National Kenaf and Tobacco Board Act 2009 · Updated to 1 Oct 2018 · Part VI · Licensing
45. Transfer of licence
Feedback & supportA licence shall not be transferred to any person without the prior written approval of the Board.
A licence shall only be transferred to a person who satisfies the requirements of subsection 40(5).
Subject to subsection (2), the Board may approve the transfer of a licence under the following circumstances:
Board
“Board” means the National Kenaf and Tobacco Board established under section 3;
if the licensee becomes mentally incapacitated;
if the licensee is adjudged a bankrupt;
if the licensee dies;
if the licensee is a company, the company is being wound up;
if the licensee is a partnership, the partnership is dissolved;
or
if the Board thinks it fit or expedient to do so.
A licensee who contravenes subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding two hundred and fifty thousand ringgit or to imprisonment for a term not exceeding three years or to both.