Giving a version of V Collection to a family member

Hi All I have Arturia V collection x, and V collection 11 Pro. Both show up as owned products under my profile on the Arturia website.

Can I give away the V Collection X licence to a family member, who currently runs Analog Lab Play, without affecting my V Collection 11 Pro.

If so - is there a process you could point me at?

Thanks in advance, and I did search for an answer and failed badly :)