Amendment status not verified — confirm the current text below against the official source.
If any dealer Informa tion to be furnished (a) sells or otherwise disposes of his business or any part regardin8 changeof business. of his business or any place of business or effects or comes to know of any other change in the owner ship of the business, or (6) discontinues his business or changes his place of business or opens a new place of business, or (c) changes the name or nature of his business, he shall within the prescribed time inform the prescribeaa authority accordingly; and if any such dealer dies, his legal representative shall in like manner inform the said authority Where the ownership of the business of a dealer registered under this Act is transferred a bsolutely or trams- ferred by way of lease and the transferee or the lessee carries on such business either n its old name or in some other name, the transferee or the lessee shall for all the purposes of this Act (except for liabilities under this Act already discharged by such dealer) be deemed to be and to have always been registered (in the case of a lease only for so long as the lease subsists) as if the registration certificate of such dealer had initially been granted to the transferee or the lessee.