Premises saved from closure after licence lapsed

Did you know that if a company becomes insolvent, or the owner dies, becomes bankrupt or mentally incapable, there are only 28 days to safeguard the Premises Licence before it lapses? This was the situation facing a client whose company went into liquidation in May. He tried to transfer the licence to a new business in November, only to find it had lapsed and a new licence would have to be applied for. With Stephen’s help, the new licence was granted in January and in the meantime the new owners were able to start trading using Temporary Events notices in December.

In this situation, an application for an interim authority or the transfer of the licence should always be made within 28 days.