- Latest available (Revised) - English
- Latest available (Revised) - Welsh
- Original (As enacted) - English
- Original (As enacted) - Welsh
This is the original version (as it was originally enacted).
(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).
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Original (As Enacted or Made) - English: The original English language version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Original (As Enacted or Made) - Welsh:The original Welsh language version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
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