PART V Miscellaneous and Supplementary

Supplementary provisions as to licences etc.

57 Death, bankruptcy etc. of licence holder.

(1)

A PSV operator’s licence . . . F1 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 . . . F1 held by an individual terminates if he—

(a)

dies, or

(b)

is adjudged bankrupt or, in Scotland, has his estate sequestrated, or

(c)

becomes a patient within the meaning of F2Part VII of the Mental Health Act 1983, or, in Scotland, becomes incapable of managing his own affairs.

(3)

In relation to a PSV operator’s licence . . . F1 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)

The traffic F3commissioner by whom a PSV operator’s licence . . . F1 was granted may—

(a)

direct that the termination of the 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 F3commissioner 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 F3commissioner may impose.