(1)Any unissued licence allocated to a motor dealer in pursuance of the foregoing section may at any time be surrendered in the prescribed manner to the Minister by the dealer or by any person to whom the licence has been transferred under regulations made in pursuance of subsection (2)(f) of that section.
(2)A motor dealer and any other person having the custody of any unissued licence allocated to the dealer in pursuance of the foregoing section shall, if required to do so by the Minister and subject to section 21(2) of this Act, forthwith surrender any such licence to the Minister in such manner as the Minister may direct; and a person who knowingly fails to comply with a requirement made by the Minister under this subsection shall be guilty of an offence under this Act.
(3)On the surrender of a licence in pursuance of this section the dealer or other person in question shall be entitled to be paid by the Minister the amount paid by the dealer in respect of the licence under regulations made in pursuance of subsection (2)(d) of the foregoing section.
(4)Where a licence is issued by a motor dealer in contravention of regulations made in pursuance of subsection (3)(e) of the foregoing section, the dealer shall be liable to pay to the Minister a sum equal to the amount (if any) by which the amount paid by the dealer as mentioned in subsection (3) of this section is exceeded by the amount which would have been so paid if the allocation of the licence to the dealer had taken place at the time when the licence was issued.
(5)In section 13(1) of the Act of 1962 (which provides for the registration of a vehicle on the first issue of a licence for it) after the words " first issue " there shall be inserted the words " by the Minister ".