Hamilton By-law 07-170, s. 1(6) — Licensing By-law (Short-Term Rentals)

Where, by a transfer of existing shares, or by an issue of new or existing shares, the controlling interest in a corporation holding one or more owner’s or operator’s licences is determined by the Director of Licensing to have changed hands, such licence or licences shall, notwithstanding any other provision of this By-law, be terminated forthwith, and the Director of Licensing may issue a new licence or new licences upon payment of the prescribed fee. Revised:

• November 2023 C:\Users\apepper\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\38JEUW0B\Business Licensing 07-170 Consolidated (November 2023).docx