| (1) | Whenever the holder of a motor trade number has, in the opinion of the MEC concerned, contravened a provision of this Chapter in the course of carrying on the business of a motor transport contractor, manufacturer, builder, importer, motor dealer or bank, as defined in the Banks Act, 1990 (Act No. 94 of 1990), as the case may be, such MEC may cancel such number. |
| (2) | If a motor trade number referred to in subregulation (1) has been cancelled, the holder of such number shall forthwith surrender the motor trade number registration certificate, motor trade number licence, motor trade number licence disc and the plate referred to in regulation 82 to the appropriate registering authority for the defacement of such registration certificate and such licence and the destruction of such licence disc. |
| (a) | the holder of a motor trade number no longer requires such number; or |
| (b) | the holder of a motor trade number ceases to carry on the business referred to in subregulation (1), |
such holder shall forthwith apply to the appropriate registering authority on form MTN1 as shown in Schedule 2, for the cancellation of such motor trade number and such application shall be accompanied by the relevant motor trade number registration certificate, motor trade number licence, motor trade number licence disc and the plate, referred to in regulation 82.
| (4) | On receipt of the application referred to in subregulation (3), the registering authority shall— |
| (a) | cancel the motor trade number; |
| (b) | deface the motor trade number registration certificate and the motor trade number licence; |
| (c) | destroy the motor trade number licence disc; and |
| (d) | update the particulars pertaining to the motor trade number in the register of motor trade numbers accordingly. |
