(1) The magistrate may in his or her discretion, sanction the transfer of a licence on such terms and conditions, if any, as he or she considers proper.
(2) An application for transfer shall be made by the holder of the licence and the intended transferee on the form prescribed in Schedule 6 to the magistrate for consideration by the magistrate who shall secure from the Commissioner of Police a report as to the character of the applicant. The magistrate shall annex the report to the prescribed form which shall become part of the form and if he or she is satisfied shall approve the transfer of the licence by endorsement thereon, and the date of the endorsement shall be deemed to be the date of the transfer. (Amended by Act 9 of 1996)