10. The Minister of Revenue may authorize the transfer of any license issued hereunder from the holder thereof to another person, or from one territory to another, or from one establishment to another, or from one vehicle or vessel to another, upon payment by the transferee to the Minister of Revenue of an additional duty equal, in proportion to the number of calendar months which have still to run before and including the 30th of April following, to one-half of the duties so paid for the license, provided that such additional duty for the transfer be not less than five dollars.
R. S. 1964, c. 79, s. 7; 1972, c. 25, s. 49; 1978, c. 34, s. 2.