(1) The following are disqualified, for a period of 5 years, from obtaining or holding a licence:(a) a person to whom 200 or more demerit points have been allocated in any 5-year period;(b) a person who is or has been a partner in a partnership or a major shareholder in a body corporate to which 200 or more demerit points have been allocated in any 5-year period;(c) a partnership or body corporate which has or had a partner or major shareholder (i) to whom 200 or more demerit points have been allocated in any 5-year period; or(ii) who has been a partner of another partnership or major shareholder in another body corporate to which 200 or more demerit points have been allocated in any 5-year period.(2) A major shareholder is a person who holds more than 10% of the issued shares in a body corporate.(3) The Secretary, by notice in writing, must notify a person of (a) any disqualification under this section; and(b) the date on which the disqualification takes effect.(4) A person is to transfer, to a person other than their associate, a licence to which a disqualification under this section relates (a) within 6 months after receipt of a notice under subsection (3) ; and(b) in accordance with Division 5 of Part 4 .(5) For the purposes of section 82 , a person who is obligated to transfer a licence by subsection (4) is taken to remain the holder of that licence until the transfer is effected.(6) If a person fails to transfer a licence pursuant to subsection (4) , the Minister must suspend the licence until the expiration of the person's 5-year period of disqualification.(7) In this section associate , of the transferor of a licence, has the same meaning as in section 82 .