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 F2made bankrupt or F3has 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)

F4becomes 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 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)

F5A traffic commissioner may—

(a)

direct that the termination of F6a 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 F7commissioner 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 F7commissioner may impose.

F8(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).