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LIQUOR ACT 2007 - SECT 55
Requirement to provide information in relation to persons interested in licensee's business
55 Requirement to provide information in relation to persons interested in
licensee's business
(1) If a person (other than the licensee or a financial institution) becomes
interested in the business, or the conduct of the business, carried out on
licensed premises, it is a condition of the licence that the Authority is
provided with the following information within 28 days after the other person
becomes so interested-- (a) the name and date of birth of the person so
interested and, in the case of a proprietary company, the names of the
directors and shareholders,
(b) a statement, signed by the licensee, that the
licensee has made all reasonable inquiries to ascertain the information
referred to in paragraph (a).
(2) For the purposes of subsection (1), a
person is interested in the business, or the conduct of the business, carried
out on licensed premises if the person is entitled to receive-- (a) any income
derived from the business, or any other financial benefit or financial
advantage from the carrying on of the business (whether the entitlement arises
at law or in equity or otherwise), or
(b) any rent, profit or other income in
connection with the use or occupation of the premises on which the business is
to be carried on.
(3) The information required to be provided to the
Authority under this section may be provided by the interested person.
(4)
This section does not apply in relation to limited licences.
(5) The
regulations may create exceptions to this section.
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