xmlns:atom="http://www.w3.org/2005/Atom"
5. After regulation 21 (lost or defaced licences) insert—
21A.—(1) Where an exchangeable licence is exchanged for a licence such an exchange must be recorded on the licence and on any subsequent renewal or replacement.
(2) An exchange as described in paragraph (1) may only occur if the exchangeable licence has been surrendered to the Secretary of State.”.