{"id":9899,"date":"2023-03-10T11:48:47","date_gmt":"2023-03-10T10:48:47","guid":{"rendered":"https:\/\/www.everestnotariaat.com\/?p=9899"},"modified":"2026-03-10T13:50:48","modified_gmt":"2026-03-10T13:50:48","slug":"implications-for-licences-in-mergers-or-demergers","status":"publish","type":"post","link":"https:\/\/everestnotariaat.com\/en\/implications-for-licences-in-mergers-or-demergers\/","title":{"rendered":"Implications for licences in mergers or demergers"},"content":{"rendered":"<div class=\"et_d4_element et_pb_section et_pb_section_0  et_pb_css_mix_blend_mode et_section_regular et_block_section\" >\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_d4_element et_pb_row et_pb_row_0  et_pb_css_mix_blend_mode et_block_row\">\n\t\t\t\t<div class=\"et_d4_element et_pb_column_4_4 et_pb_column et_pb_column_0  et_pb_css_mix_blend_mode et-last-child et_block_column\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_module et_d4_element et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_text_inner\"><p><em>In certain companies, permits are essential for the exercise of its activities. Consider building permits for a property developer or permits for taxi transport. In the event of a merger or demerger of such a company, it is often desirable for the existing licences to pass ownership to the acquiring company. You can read exactly how this works below.<\/em><\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div><div class=\"et_d4_element et_pb_row et_pb_row_1  et_pb_css_mix_blend_mode et_block_row\">\n\t\t\t\t<div class=\"et_d4_element et_pb_column_1_2 et_pb_column et_pb_column_1  et_pb_css_mix_blend_mode et_block_column\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_module et_d4_element et_pb_image et_pb_image_0\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<span class=\"et_pb_image_wrap \"><img decoding=\"async\" src=\"https:\/\/www.everestnotariaat.com\/wp-content\/uploads\/2023\/02\/foto-blog-vergunningen.jpg\" alt=\"\" title=\"foto blog vergunningen\" \/><\/span>\n\t\t\t<\/div><div class=\"et_pb_module et_d4_element et_pb_text et_pb_text_1  et_pb_text_align_left et_pb_bg_layout_light\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_text_inner\"><p><span style=\"color: #ff9900;\"><strong>Complete transfer of assets<\/strong><\/span><br \/>Typical of a legal merger or demerger is the transfer of assets by universal title. This means that the legal successor takes over the entire assets of the legal predecessor, including the associated rights and obligations. In such a case, the legal (delivery) requirements for transfer do not have to be complied with for a valid transfer of assets to take place. This compared to acquisition by special title, which must be done using the requirements for transfer, prescription, expropriation or other provisions laid down by law.<\/p>\n<p><strong><span style=\"color: #ff9900;\">Permits<\/span><\/strong><br \/>Permits have been labelled as property rights in case law, which would mean that they are part of the transfer of assets. Nevertheless, it cannot be assumed that licences are automatically part of the asset package. Case law shows that this depends on the purpose, rationale and nature of the licence decision and, finally, the regulations on which the licence is based. In practice, we see that a number of scenarios exist.<\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div><div class=\"et_d4_element et_pb_column_1_2 et_pb_column et_pb_column_2  et_pb_css_mix_blend_mode et-last-child et_block_column\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_module et_d4_element et_pb_text et_pb_text_2  et_pb_text_align_left et_pb_bg_layout_light\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_text_inner\"><p><span style=\"color: #ff9900;\"><strong>Legal grounds<\/strong><\/span><br \/>The Environmental Law (General Provisions) Act and the Water Act are examples of laws that contain a clear provision regarding the transfer of permits in the event of a merger or demerger. For example, the Environmental Law states that the permit rests with each person carrying out the project to which the permit relates. The permit is not person-specific, but tied to the project. An environmental permit is thus part of the asset transfer. Another scenario occurs when the law requires that the administrative body that granted the permit must first give its consent before the permit can be transferred to another legal entity. <span style=\"color: #ff9900;\"><strong><br \/><\/strong><\/span><\/p>\n<p><span style=\"color: #ff9900;\"><strong>No legal ground<\/strong><\/span><br \/>Where there is no licensing provision in a law, it may be assumed that only property-related licences can pass through a merger or division. Thus, the basic assumption is that personal rights cannot transfer unless there is a statutory exception. Think of the example from the discussed environmental permit above.<\/p>\n<p><strong><span style=\"color: #ff9900;\">Expiry and exclusion<\/span><\/strong><br \/>The law may also require existing licences to lapse at the time of merger or demerger. The transferability of licences may also be excluded altogether. In both cases, the acquiring company will have to reapply for a licence. It is therefore wise to be aware of which scenario applies to your company and whether existing licences are transferable if a merger or demerger is in the offing.<\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In certain companies, permits are essential for the exercise of its activities. In the event of a merger or demerger of such a company, it is often desirable for the existing licences to pass ownership to the acquiring company. In this blog you can read how this works.<\/p>\n","protected":false},"author":5,"featured_media":10370,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"slim_seo":{"title":"Implications for licences in mergers or demergers - Everest Notariaat","description":"In certain companies, permits are essential for the exercise of its activities. In the event of a merger or demerger of such a company, it is often desirable fo"},"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12],"tags":[],"class_list":["post-9899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-geen-onderdeel-van-een-categorie"],"_links":{"self":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts\/9899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/comments?post=9899"}],"version-history":[{"count":0,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts\/9899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/media\/10370"}],"wp:attachment":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/media?parent=9899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/categories?post=9899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/tags?post=9899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}