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)
(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.