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2. Suspension or revocation. When an authorized City of Santa Ana representative finds that any person holding a RfegulatorySsafety Ppermit under the provisions of Chapter 40 has violated the provisions of this chapter or is found guilty of conduct which would form the basis of denial of the Rfegulatory Ssafety Ppermit as set forth in Article XIII of Chapter 18, s/he may revoke or suspend the permit. No such revocation shall become effective until the Rfegulatory Ssafety Ppermit holder has been notified in writing by certified mail of the right to appeal the revocation decision pursuant to the provisions or Chapter 3 of this Code. If a timely appeal is filed, the revocation shall be effective only upon decision of the City Council. Otherwise, the revocation shall become effective after the timely appeal period has passed. Section 40-13. Transfer of Ownership. 1. Upon the transfer of any interest in as commercial cannabis business ^'' '«'' b + il b isiness, the Rfegulatory Ssafety Ppermit shall be null and void. Any person, firm or entity desiring to own and operate the commercial cannabis business shall make a new Regulatory Safety Permit application. Prior to or concurrent with the submission of said application the transferee shall obtain all required business licenses,_ post all required security deposits, acquire all necessary, certificates, permits or other licenses allowing the doing of any act which the person paying or holding the same would not otherwise be entitled to do; and any permit, license, variance or other instrument of approval or evidence that any conditions exist as required by any other section of this Code or by any statute or code provisions of the state must first be obtained or complied with before the doing of any act or thing for which it is required. A fee as established by resolution of the City Council shall be payable for each such application involving transfer of any interest in an existing commercial cannabis retail business. The provisions of this section shall apply to any person, fine, or entity applying for a Rfegulatory Ssafety Ppermit for premises previously used as such establishment. 2. Any such transfer of any interest in an existing commercial cannabis business Adult -'-Ise hi Fetal' bi miness or any application for an extension or expansion of the building or other place of business of the commercial cannabis retail business shall require inspection and compliance with section 40-11 of this article. 3. The owner or operator of a an Adult Use Gannab:_ Fetail business commercial cannabis business shall be responsible for notifying the City of any intention to rename, change management, or convey the business to another person/entity. Notification to the City must be made a minimum of sixty (60) days prior to such transfer. Ordinance No. NS -XXX Page 24 of 33 75B-28