33B   Transfer of endorsements

(1)  Subject to the regulations, the provisions of this Act that apply to the transfer of licences extend to the transfer of endorsements referred to in section 33A.

(2)  The regulations may make provision for or with respect to the transfer of endorsements between holders of retail suppliers’ licences.

(3)  When approving the transfer of an endorsement, or of a licence together with an endorsement:

(a)  the Minister may impose such additional conditions on the licence as the Minister considers appropriate, including conditions imposed for the purpose of ensuring that the transferee will comply with the conditions comprised in the endorsement, and

(b)  the Minister may impose a condition transferring specified customers or classes of customers, and

(c)  the Minister may amend a condition describing the supply district of a standard retail supplier by varying the supply district, whether by way of reducing or increasing its size, or may revoke such a condition.

(4)  Without limitation, the supply district of a standard retail supplier may be varied by the addition of the whole or a part of the supply district of another standard retail supplier or former standard retail supplier.

(5)  The regulations may make provision for or with respect to the conditions that may be imposed by the Minister under subsection (3).