8. Change in management

For the purposes of section 18(a) and (b) of the Act, the prescribed period is —

for a licensed bus operator that is a company — within 5 days after the date of resignation of any director of the company; and

for a licensed bus operator that is a partnership, limited liability partnership or company — within 5 days after the licensed bus operator becomes aware of the death of any partner or director in the partnership, limited liability partnership or company.