(1) If the holder of a wheelchair-accessible taxi licence wishes to transfer the licence to another person, the holder must, in a form approved by the Commission and on payment of the prescribed fee, apply to the Commission for approval for that transfer before transferring the licence.(2) The Commission may approve the transfer of a wheelchair-accessible taxi licence if it is satisfied that the person to whom the licence is proposed to be transferred (a) is accredited to operate a taxi service in accordance with Part 2A of the Passenger Transport Act 1997 ; and(b) is, or will be, the registered operator of the vehicle to which the licence relates.(3) The Commission is to refuse the transfer of a wheelchair-accessible taxi licence (a) if the Commission reasonably believes that the person to whom the licence is proposed to be transferred would not be the operator of the taxi service to which that licence relates; or(b) if the Commission determines that the vehicle which is proposed to be operated under the authority of the licence does not comply with section 41(3)(a) .(4) The Commission may refuse the transfer of a wheelchair-accessible taxi licence if (a) the licence has lapsed as mentioned in section 48 ; or(b) the licence is suspended under section 55 ; or(c) the licence is subject to a notice of intention to suspend or cancel under section 55 .(5) The transfer of the wheelchair-accessible taxi licence is of no effect until the transfer has been approved by the Commission and has been recorded on the register of licences.