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Rights of use (ROU) in relation to a particular smartnumber® may be traded. The rights of use may only be traded in full, and holders are not permitted to trade partial rights of use. A person who obtains a smartnumber® as a result of a trade must ensure that the rights of use register is updated with their details. Each time the rights of use holder changes any details in the register, a new rights of use PIN will be automatically sent via email to the current rights of use holder. smartnumbers® obtained via the smartnumbers® system may be traded regardless of whether there is an active service in place for that number. However, a smartnumber® may only be retained by the rights of use holder if it has been placed into service during the previous three years. If the smartnumber® acquired via a trade is not in active service at the time of transfer, it is important to ascertain how long the number has been without an active service and, consequently, how much time is left to activate a service on the number before the rights of use will be cancelled. For example, if the smartnumber® acquired via a trade has not been in active service for two years at the time of transfer, the new rights of use holder has one year to activate it into service before the rights of use are cancelled.
When trading a smartnumber® to a new entity, both the current and proposed rights of use holders must complete the trade of rights of use form. The form must be completed by the parties to the trade and should be retained as evidence of the trade. It should not be lodged with ACMA. |
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