Road Transport Act, 1933

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Operation of transfer orders and reduction orders.

53.—(1) Whenever the Minister makes a transfer order transferring a merchandise (existing carrier's) licence to an authorised (merchandise carrying) company or a transfer order transferring a passenger licence to an authorised (passenger carrying) company, the licence transferred by such order shall as on the specified in such order be transferred to such authorised (merchandise carrying) company or authorised (passenger carrying) company (as the case may be).

(2) Whenever the Minister makes a reduction order reducing the classes of merchandise specified in a merchandise (existing carrier's) licence, such licence shall as from the date specified in such order authorise the licensee to carry on a merchandise road transport business in respect of the classes of merchandise specified in such order and no other classes of merchandise.

(3) Whenever the Minister makes a reduction order reducing the area of operation specified in a merchandise (existing carrier's) licence, such licence shall as from the date specified in such order authorise the licensee to carry on a merchandise road transport business in the area specified in such order and no other area.