22. Surrender of licences

The holder of a licence may at any time surrender the licence to the Registrar in the prescribed manner and on so surrendering the licence is entitled, if the holder satisfies the prescribed requirements, to receive from the Registrar, by way of rebate of tax paid upon the surrendered licence, a sum equal to the amount of tax which had been charged for the remaining number of calendar months or part thereof for which the licence would have been in force.