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11Where—
(a)the holder of a standard licence is a company which has two or more transport managers, and
(b)any of those managers ceases to be of good repute,
the company shall not be treated as failing to satisfy the requirement of professional competence until the expiry of such period as, in the opinion of the traffic commissioner by whom the licence was issued, is reasonably required for that manager’s removal or the appointment of another transport manager in his place.
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