76Compensation

76 Compensation (1) An owner of registration number rights cancelled under regulation 74(a) may apply in writing to the Secretary for compensation. (2) The amount of compensation payable by the Secretary for the cancellation of the rights is the amount determined by the Secretary to be the fair market value of— (a) the registration number rights; and (b) any number plate bearing the registration number. (3) If the Secretary makes a decision under subregulation (2), the Secretary must give written notice to the applicant of— Subdivision 2—Non-standard number plates and slimline number plates