Bought my son an iPad Mini and I'd like to set him up with his own iTunes account..How do I transfer the purchased apps he uses from my iTunes account to his?

Im hoping there is a way to do this. My son has an iPod Touch 3rd Gen t hat he has amassed quite the library of apps on over the past two years. All of these apps are tied to my iTunes account because when I bought him the iPod Touch, I set it up as an authorized device on my iTunes account. Now I'd like to give him the iPad mini with his own iTunes account attached to his email but filled with all his favorite apps from the ipod touch. Is this possible?

 

Thanks in advance..

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