Action 14 of the Taxi Regulation Review Report 2011 recommended the introduction of a prohibition on the transferability of small public service vehicle (SPSV) licences with effect from 1st October 2012. The underlying principle for the recommendation was that a licence should determine a person's suitability to carry out a function and it should have no monetary value or be traded on the open market. The measure was provided for in Section 14(1) of the Taxi Regulation Act 2013 which was commenced with effect from 6th April 2014. Special provisions apply in the case of the death of licensee.