(1) If a trade plate
or a set of trade plates is stolen or otherwise lost, the person to whom that
plate or set of plates was issued must, as soon as practicable after becoming
aware of that happening, notify the CEO in writing or in any other manner
approved by the CEO of that happening in which case —
(a) the
CEO is to keep the deposit paid for the plates; and
(b) the
CEO must issue a replacement set of trade plates —
(i)
on the return of each plate in the set that was not
stolen or lost; and
(ii)
on payment of a further deposit of $500.00 together with
the fee mentioned in regulation 134(1)(b);
and
(c) the
annual fee paid in respect of the replaced set of plates must be taken to be
the annual fee for the replacement set of trade plates which has already been
paid.
(2) If a trade plate
has become dilapidated or is damaged so as to render it illegible —
(a) the
person to whom the plate was issued must return the plate and each other plate
in the set to the CEO; and
(b) the
CEO must, on payment of the fee mentioned in regulation 134(1)(a)
or (b) (whichever is relevant in the case), issue a replacement set of
trade plates either bearing the same characters as the set of plates being
replaced or different characters, as the CEO thinks fit; and
(c) in
either case the annual fee and the deposit paid in respect of the replaced set
of plates must be taken to be the annual fee and the deposit for the
replacement set of trade plates which has already been paid.