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In force2020 Revised Edition

Part 5 · Exempt Operators

27. Term and transferability of certificate of exemption

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(1)

Every certificate of exemption issued is valid for such period as may be specified in the certificate and may be extended thereafter, with or without additional conditions, for such further periods as may be specified.

(2)

Every certificate of exemption is not transferable and is not assignable; and any transfer or assignment, or purported transfer or assignment, of a certificate of exemption is void.

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