TransferThe licence holder and the other party to which the licence is to be transferred (transferee) must apply in writing to the Regulator. To approve the transfer, the Regulator must be satisfied that the transferee is a suitable person to hold the licence (Section 70).
SurrenderA licence holder may surrender a licence, with the consent of the Regulator, when dealings with the GMOs have ceased or if another licence covers those dealings. Licence holders must continue to comply with the original licence until the Regulator has notified them of the approval of the requested surrender.
SuspensionA licence holder may, with the consent of the Regulator, suspend a licence. The licence holder should apply in writing to the Regulator for consent, and must provide reasons for applying for suspension.
More information about the process of licence transfer, surrender and suspension is available under Operational Policies.