(1) A passenger
transport vehicle authorisation is granted for the prescribed period.
(2) A passenger
transport vehicle authorisation may be renewed in accordance with the
regulations.
(3) A passenger
transport vehicle authorisation remains in force until whichever of the
following occurs first —
(a) it
expires;
(b) it
is cancelled.
(4) A passenger
transport vehicle authorisation is not in force during any period for which it
is suspended.
Note for this subsection:
See Division 4 for the
suspension of a passenger transport vehicle authorisation.
(5) A passenger
transport vehicle authorisation is not in force in relation to a vehicle
during any period that the vehicle licence for the vehicle under the
Road Traffic (Vehicles) Act 2012 is not in force.