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Determination of exemption.
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8.—(1) Any stallion entered in the list shall cease to be an exempted stallion on the happening of any of the following events, that is to say:—
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(a) the expiration of six months from the death of the owner of such stallion where the personal representative of such owner has not during those six months transferred (whether by sale, assent to a bequest or otherwise) the ownership of such stallion, or
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(b) the expiration of a period of thirty days from the date of any transfer of the right to the ownership of such stallion, unless the person to whom the right to the ownership of such stallion is transferred applies within such period, under this Act, for the entry of such stallion in the list as the property of such person, or
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(c) such stallion ceasing to be an exemptible stallion.
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(2) It shall be the duty of the owner of any stallion entered in the list and of the personal representative of any deceased owner of any such stallion to notify the Minister of the happening of any event by reason of which such stallion ceases to be an exempted stallion.
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(3) If any person fails to comply with the obligation imposed on him by the immediately preceding sub-section, such person shall be guilty of an offence under this section, and shall on summary conviction thereof be liable to a fine not exceeding forty shillings.
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