(1)The Welsh Ministers may by regulations make provision for securing continuity in the application of any enactment relating to the register under Part 2 or the levy where a relevant business is transferred from one person to another as a going concern.
(2)Regulations under subsection (1) may (among other things) make provision—
(a)requiring WRA to be notified of the transfer;
(b)for any liability or duty of the transferor relating to the register under Part 2 or the levy to become a liability or duty of the transferee;
(c)for any entitlement of the transferor to the discharge or repayment of an amount of levy, whether arising before or after the transfer, to become an entitlement of the transferee;
(d)for anything done before the transfer by or in relation to the transferor to be treated for the purposes of the register under Part 2 or the levy as having been done by or in relation to the transferee;
(e)about duties to keep and preserve records.
(3)The regulations may make provision that applies subject to conditions, and may in particular—
(a)provide that the application to a transferor and transferee of any provision made under subsection (2)(b) to (e) requires the approval of WRA;
(b)make provision about the making and determination of applications for approval.
(4)The regulations may make provision for—
(a)penalties in respect of failures to comply with the regulations;
(b)either or both of reviews and appeals.
(5)The regulations may amend or apply (with or without modifications) any enactment relating to the register under Part 2 or the levy (including this Act).
Commencement Information
I1S. 60 in force at 19.9.2025 for specified purposes, see s. 67(1)(2)