ED 200-4 - Guidelines for Excise Duty Licensing and Bonding - Change After Issuance of Licence

December 1, 1975

Pursuant to the Excise Act, an application for licence is required for a change in name, ownership or transfer from one premise to another.

REFERENCES

Excise Act, Sections 14(l), (2) and (3).

COMPLIANCE

1. (1) An application for a new licence will be submitted whenever there is

(a) a change in ownership of a business licensed under the Excise Act, or

(b) a change in the location of a licensed premises.

(2) Unless otherwise provided for, such applications for licence are subject to the same terms and conditions as an original application for licence.

2. (1) As a change of corporate name in no way affects the right or obligations of a company, a new licence is not required for the remainder of the fiscal year.

(2) Upon changing name, the licensee will immediately provide the Department with:

(a) an application in the new name;

(b) a letter advising of the change of name along with a certified true copy of the supplementary letters patent amending the corporate name;

(c) a new guarantee bond or rider bearing the new name of the licensed establishment; and

(d) new plans and specifications if required by the Regional Director of Excise.

3. Where a licence is transferred from one premise to another within the same Excise division, the licensee will submit:

(a) an application for licence;

(b) a new bond; and

(c) new plans and specifications.

4. While an amending licence (M1) will be issued, no additional licence fee is required for the balance of the fiscal year when:

(a) a change of location takes place within the same excise region; or

(b) a change of name occurs.

Regional Directors are requested to insure that a copy of this Circular is forwarded by registered mail to all Excise Duty Licensees concerned who are located in their regions.

THIS CIRCULAR 1S ISSUED UNDER THE AUTHORITY OF THE ASSISTANT DEPUTY MINISTER OF NATIONAL REVENUE, EXCISE, AS INFORMATION RELATING TO THE PROVISIONS OF THE EXCISE ACT AND REGULATIONS.