§ 296 — Non-transferable FSSA authorisation

296. Every FSSA authorisation (other than a pre-market approval), and any rights, benefits or privileges under such an authorisation, are not transferable or assignable to any other person, and a transfer or an assignment, or purported transfer or assignment, of such an FSSA authorisation, or of any rights, benefits or privileges under such an authorisation, is void and of no effect.