s 17 Restriction on transfer and surrender of bus service licence
17.—(1) A bus service licence, and any right, benefit or privilege under the licence, is not transferable or assignable to any other person unless —(a) the licence contains a condition authorising the transfer or assignment; and (b) the LTA consents in writing to the transfer or assignment. (2) Any consent under subsection (1) may be given subject to compliance with any conditions that the LTA thinks fit to impose, which may, subject to section 16, include modifying, or requiring or otherwise providing for the making of modifications to, the conditions of the licence. (3) A transfer or an assignment, or purported transfer or assignment, of a bus service licence, or of any right, benefit or privilege under the licence, is void and of no effect —(a) if the licence is not capable of transfer or assignment; (b) if the transfer or assignment, or purported transfer or assignment, is in breach of a condition of the licence; or (c) if there has been, before the transfer or assignment or purported transfer or assignment, a contravention of a condition subject to compliance with which the consent required by subsection (1) is given. (4) Every bus service licence is not capable of being surrendered without the written consent of the LTA, and any surrender or purported surrender of a bus service licence is void if it is without that written consent.