12Cancellation of registration, substitution and re-registration

12 Cancellation of registration, substitution and re-registration (1) The Registrar must cancel the registration of a 3-letter brand as soon as practicable after the registered owner of the brand applies for its cancellation. (2) The Registrar may cancel the registration of a 3-letter brand on the Registrar's initiative only in accordance with the regulations. (3) If the registration of a 3-letter brand is cancelled, the registration of a symbol brand or earmark in connection with the cancelled 3-letter brand is also cancelled unless the Registrar registers another 3-letter brand in substitution for the cancelled brand. (4) The Registrar may re-register a 3-letter brand 5 or more years after the date on which the registration of the brand was cancelled.