Clarification of whether a permit is required

If the acquirer cannot directly exclude the possibility that this constitutes a legal transaction that is subject to licensing obligations, then he must contact the competent licensing authority for: 

  • a permit or
  • a declaration that there is no obligation to obtain a permit. 

In the case of legal transactions that are subject to licensing obligations, these may not be executed without a legally-valid permit

  • entry in the land register
  • acquisition outside the land register (e.g. transfer of shares).

Print / Share: