Section 31
Transfer of operator’s licence prohibited
of Land Public Transport Act 2010
Subject to subsection (3), an operator’s licence issued under this Chapter shall be personal to the licensed operator thereof, and shall not be transferred or assigned.
(2)
A licensed operator who contravenes subsection (1) commits an offence and shall, on conviction, be liable to a fine of not less than one thousand ringgit but not more than ten thousand ringgit or to imprisonment for a term not exceeding one year or to both.
(3)
Notwithstanding paragraph 27(1)(c), the Director General of
Land Public Transport may, in the event of the death, incapacity, bankruptcy or, in the case of a company, liquidation, of the licensed operator or, where a receiver or manager is appointed in relation to the business of operating or providing public service vehicle services of such licensed operator or, where for any reason the Director General of Land Public Transport is satisfied that it would be unjust not to do so, authorize the transfer of such operator’s licence.