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18. The compensation referred to in regulation 17 above shall not be payable to the commercial agent where—
(a)the principal has terminated the agency contract because of default attributable to the commercial agent which would justify immediate termination of the agency contract pursuant to regulation 16 above; or
(b)the commercial agent has himself terminated the agency contract, unless such termination is justified—
(i)by circumstances attributable to the principal, or
(ii)on grounds of the age, infirmity or illness of the commercial agent in consequence of which he cannot reasonably be required to continue his activities; or
(c)the commercial agent, with the agreement of his principal, assigns his rights and duties under the agency contract to another person.
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