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9. For regulation 18 (transfer of licences and registration), substitute—
“18.—(1) A licence or registration may be transferred in writing by the Secretary of State to any other person who wishes to manufacture or store explosives in place of the licensee or registered person and who applies to the Secretary of State for the transfer.
(2) The Secretary of State shall grant an application for a transfer of a licence or registration unless he is of the opinion that the applicant is not a fit person—
(a)to manufacture explosives, in the case of an application to transfer a licence to do so; or
(b)to store explosives, in the case of an application to transfer a licence or registration to do so.
(3) Where the Secretary of State is of an opinion referred to in paragraph (2)(a) or (b), he shall, subject to regulation 17, refuse the application to transfer the licence or registration, as the case may be.”.
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