Under the NZ Sale and Supply of Alcohol Act 2012, what happens to a licence if the licensee (a company) goes into liquidation?
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A
The licence is automatically transferred to the liquidator
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B
The licence lapses unless the DLC grants a temporary authority to the new owner or manager
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C
The licence continues for 12 months to allow the business to be sold
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D
The Ministry of Justice assumes control of the licence