57 Death, bankruptcy etc. of licence holder. E+W+S
(1)A PSV operator’s licence ... is not assignable or, subject to the following provisions of this section, transmissible on death or in any other way.
(2)A PSV operator’s licence ... held by an individual terminates if he—
(a)dies, or
(b)is [made] bankrupt or [has a debt relief order (under Part 7A of the Insolvency Act 1986) made in respect of him, or], in Scotland, has his estate sequestrated, or
(c)[becomes a person who lacks capacity (within the meaning of the Mental Capacity Act 2005) to use a vehicle under the licence, or], in Scotland, becomes incapable of managing his own affairs.
(3)In relation to a PSV operator’s licence ... held by an individual or by a company, regulations may specify other events relating to the licence-holder on the occurrence of which the licence is to terminate.
(4)[A traffic commissioner] may—
(a)direct that the termination of [a PSV operator’s licence] by subsection (2) above, or under subsection (3) above, be deferred for a period not exceeding twelve months or, if it appears to the [commissioner] that there are special circumstances, eighteen months, and
(b)authorise the business of the licence-holder to be carried on under the licence by some other person during the period of deferment, subject to such conditions as the [commissioner] may impose.
[(5)In the case of a standard licence, subsection (4)(a) is subject to Article 13.1 of the 2009 Regulation (time limits for rectification).]
Textual Amendments
Modifications etc. (not altering text)