Malaysia legislation
Section 8
Section 8
(a)
the relevant particulars of the proposed transfer, including the particulars of the proposed transferee and the experience and capability of the proposed transferee in undertaking the licensed activities;
and
(b)
the fees as prescribed in Table A of the Schedule.
4
(2)
The Minister may, at any time after the receipt of an application under subregulation (1), request the licensee to give to the Minister within specified time further information or other document on the application.
(3)
If any further information or other document required under subregulation (2) are not provided by the licensee within the time specified in the request or any extension of time granted by the Minister, the application shall be deemed to be withdrawn and shall not be further proceeded with, but without affecting the right of the licensee to make a fresh application.
(4)
The Minister may, after considering the application under subregulation (1) and the further information or other document provided under subregulation (2) -
(a)
approve the application, with or without conditions; or
(b)
refuse the application.
(5)
The decision of the Minister to approve or to refuse the application shall be communicated to the licensee by written notice as soon as practicable.
(6)
The written notice by the Minister under subregulation (5) shall specify-
(a)
in the case where the application is approved, the fact of such approval and, where conditions are imposed, the conditions imposed; and
(b)
in the case of a refusal, the fact of such refusal and the reason for such refusal.
Change in particulars of licensee