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141.—(1) One or more individuals to whom a public collections certificate has been issued (“the holders”) may apply to the Commission for a direction that the certificate be transferred to one or more other individuals (“the recipients”).
(2) An application under subsection (1) shall—
(a)be in such form as may be specified, and
(b)contain such information as may be specified.
(3) The Commission may direct that the certificate be transferred if it is satisfied that—
(a)each of the holders is or was a trustee of a charity which is not a body corporate;
(b)each of the recipients is a trustee of that charity and consents to the transfer; and
(c)the charity trustees consent to the transfer.
(4) Where the Commission refuses to direct that a certificate be transferred, it shall serve on the holders written notice of—
(a)its decision, and
(b)the reasons for its decision.
(5) That notice shall also state the right of appeal conferred by Schedule 3 and the time within which such an appeal must be brought.
(6) Subsection (5) of section 137 applies for the purposes of subsection (2) of this section as it applies for the purposes of subsection (3) of that section.
(7) Except as provided by this section, a public collections certificate is not transferable.
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