When a team captain of a self-registration team transfers their place to another participant, the new participant will become the new team captain for the team and have full access to team administration. In cases where the team captain had purchased pre-paid invitations, those invitations will be tied to the team and as such the new team captain will be able to manage (View, issue and revoke) these invitations.
As the transfer process only applies to registrations, the team captain transferring out will only be refunded their own registration and not any of the pre-paid invitations purchased.