| (1) | If a representative as referred to in regulation 3(2)(a) at any time ceases to be a director of the company, a member of the close corporation, a partner of the partnership, a trustee of the business trust, an administrator or person in control of the foundation, or a person performing executive or management functions in regard to the security business, or is not able due to circumstances beyond his or her control to further act as a representative in the aforesaid capacity, or if there is another sound reason to replace the representative, the director may on application by the representative, any other interested person or the prosecutor, substitute any other person who may in terms of the definition of "respondent" in regulation 1 act as representative, for such representative, whereupon the proceedings will continue as if no substitution has taken place. |
