Acts and Regulations

C-38.1 - Crown Lands and Forests Act

Section 43
Disposition versions

Full text
Use of sub-license as security, assignment or transfer of sub-license
43(1)A sub-licensee shall not
(a) pledge, charge, assign or otherwise use his sub-license in any way as security for a debt, or
(b) otherwise assign or transfer his sub-license,
except with the written consent of the Minister, as authorized by the Lieutenant-Governor in Council, and any pledge, charge, assignment or other use of the sub-license, and any transfer of the sub-license, without such consent is void.
43(2)Where, with the consent of the Minister, a sub-licensee pledges, charges, or assigns a sub-license or otherwise uses it in any way as security for a debt, the sub-licensee shall remain on the records of the Minister as the sub-licensee and shall continue to be responsible for all obligations imposed under this Act and the regulations.
43(3)The Minister shall not consent to the transfer of a sub-license from one person to another until any fee prescribed by regulation is paid.
Use of sub-license as security, assignment or transfer of sub-license
43(1)A sub-licensee shall not
(a) pledge, charge, assign or otherwise use his sub-license in any way as security for a debt, or
(b) otherwise assign or transfer his sub-license,
except with the written consent of the Minister, as authorized by the Lieutenant-Governor in Council, and any pledge, charge, assignment or other use of the sub-license, and any transfer of the sub-license, without such consent is void.
43(2)Where, with the consent of the Minister, a sub-licensee pledges, charges, or assigns a sub-license or otherwise uses it in any way as security for a debt, the sub-licensee shall remain on the records of the Minister as the sub-licensee and shall continue to be responsible for all obligations imposed under this Act and the regulations.
43(3)The Minister shall not consent to the transfer of a sub-license from one person to another until any fee prescribed by regulation is paid.