ElendiLabs
Administrative Transfer: The 2026 Regalkes system allows for a "Mandatory Transfer" if you can provide a legally notarized Notice of Termination and proof that the distributor has failed to meet sales targets or compliance obligations. • Cooling-off Period: Once the MoH accepts your petition, a 6-month cooling-off period is triggered. During this time, the old NIE is suspended, and you can prepare a new application under the new company. To avoid this 6-month market gap, we highly recommend setting up an ILH structure from the outset or negotiating a "Transfer Pre-Agreement" during your next contract renewal.
Anonymous
We are currently using a local distributor as our NIE holder, but we want to switch to another company as an Independent License Holder (ILH) in 2026 to ensure market flexibility. If our current distributor refuses to sign the Letter of Release (LoR), can we use the 'termination of contract' clause under the 2025 Omnibus-linked regulations to force a transfer of the AKL license within the Regalkes portal?