Regulation 14 - Change in the constitution of a concern - Customs Brokers Licensing Regulations, 2013

14. Change in the constitution of a concern. - (1) Where a licence granted or renewed under these regulations in favour of a person, not being a firm or a company, changes the constitution of his concern to a firm or a company, such new firm or new company may, pending the grant of a licence in accordance with these regulations, be permitted to act as Customs Broker through an employee duly qualified as per regulation 6, with the approval of the 1 [Principal Commissioner of Customs or Commissioner of Customs, as the case may be]. (2) Notwithstanding anything contained in sub-regulation (1), where a licence granted or renewed under these regulations in favour of a person who has ceased to be in force because of the death of that person, his legal heir, who is a major and a 'H' card holder, referred to in sub-regulation (7) of regulation 17, may be permitted to work as a Customs Broker with the approval of the 1 [Principal Commissioner of Customs or Commissioner of Customs, as the case may be], and such legal heir shall be required to pass the examination referred to in regulation 6 within a period of two years from the date of demise of the original licensee. ---------------- Notes:- 1. Substituted vide Not. 56/2014 - Dated 6-8-2014