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How to Complete Form B for Transfer of Public/Private Permit in Namibia
Hello everyone! I’m Sylvester, your friendly blogger from Elidge.com. Today, I want to walk you through the process of completing Form B, which is essential for applying for the transfer of a public/private permit or acquiring a controlling interest under the Road Transportation Act, 1977, in Namibia. Whether you’re transferring a permit or acquiring a business, this guide will simplify the process for you.
What is Form B?
Form B is the official application form for transferring a public or private road transportation permit or acquiring a controlling interest in Namibia. This form is crucial for ensuring that all changes in ownership or control comply with national regulations.
Why is Form B Important?
Form B is essential because it ensures that the transfer of permits or acquisition of controlling interests is conducted legally and transparently. Think of it as a title deed for your vehicle operations, ensuring that all changes are documented and authorized properly.
My Encounter with Form B
A few years ago, I helped a friend transfer his transportation business to a new owner. Initially, the paperwork seemed daunting, but once we understood the requirements, it became manageable. It’s like passing the baton in a relay race – clear instructions and proper documentation ensure a smooth handover.
Step-by-Step Guide to Completing Form B (How to Complete Form B for Transfer of Public/Private Permit in Namibia)
Important Notes
- The application will not be considered unless this form is completed in detail and any additional information furnished as required.
- A fee of N$ 200.00 must accompany this application.
- For an application of transfer, complete Parts 1, 2, and 3.
- For an application to obtain a controlling interest, complete Part 4.
- Certified copies of identity documents must be attached where required.
Step 1: Indicate the Type of Application
Tick the appropriate box to indicate whether you are applying for the transfer of a public permit, a private permit, or to obtain a controlling interest.
Part 1: Completed by the Person Taking Transfer
Applicant Details
- Full Name: Write your full name in block letters (i.e., person, partnership, or registered company).
- Identity No. / Registration No. of Company: Provide your ID number or company registration number.
- Trade Name: The name under which your business operates.
- Full Name and Citizenship of Owner/Partners/Directors: List the full names and citizenship of the owners, partners, or directors.
Example of How to Complete Form B:
- Full Name: John Doe
- Identity No.: 123456789
- Trade Name: Doe Transport Services
- Owner/Partners/Directors: John Doe, Namibian
Contact Details
- Business Address: Provide your full business address.
- Postal Address: Provide your postal address.
- Telephone No.: Include a phone number for inquiries.
Shareholders Details
- Names and Citizenship of Shareholders: List the full names, citizenship, and percentage shares held by shareholders.
Vehicle Details
Provide details of the vehicle(s) to be used, including registration number, make and year of manufacture, class of vehicle, engine number, chassis number, vehicle mass, tare, seating capacity, and name of the registered owner.
Example:
- Vehicle Registration Number: N123456W
- Make and Year of Manufacture: Toyota Hiace, 2020
- Class of Vehicle: Minibus
- Engine Number: 2KD-FTV
- Chassis Number: JTFST22P600009394
- Vehicle Mass: 2,000 kg
- Tare: 1,200 kg
- Seating Capacity: 15
- Name of Registered Owner: John Doe
Part 2: Completed by the Person Taking Transfer
Financial Details
- Full Amount or Consideration to be Paid: State the total amount to be paid for the transfer.
- Vehicle Inclusion: Indicate whether the motor vehicles are included in the proposed transfer and if they will be used by you.
- Value of Vehicles: State the value of the vehicles included in the transfer.
- Other Assets: Describe any other assets being transferred.
Example:
- Amount to be Paid: N$ 100,000
- Vehicles Included: Yes
- Value of Vehicles: N$ 50,000
- Other Assets: Office furniture and equipment
Part 3: Completed by Transferor (Permit Holder)
Transferor Details
- Full Name: Provide the full name of the transferor in block letters.
- Trade Name: The name under which the business operates.
- Duration of Permit: State how long the permit has been held.
- Reason for Transfer: Explain why you wish to relinquish the permit.
- Validity of Certificates: Indicate if you hold valid certificates of fitness and motor vehicle registration certificates.
Example:
- Full Name: Jane Smith
- Trade Name: Smith Transport
- Duration of Permit: 5 years
- Reason for Transfer: Retirement
- Valid Certificates: Yes
Agreement
- Confirm if you have read and agree with the answers in Part 2.
- Consent to the transfer of the permit, subject to the board’s approval.
Example:
- Date: 1st July 2024
- Signature: Jane Smith
Part 4: Completed by Person Acquiring Controlling Interest
New Ownership Details
- Full Name and Citizenship of Present Owner/Partners/Directors: List the current owners, partners, or directors, and the distribution of shares.
- Full Name and Citizenship of New Owner/Partners/Directors: Provide the same information for the new owners.
- Interests in Other Businesses: Furnish details of any interests, arrangements, or agreements in other businesses, including supporting documentation.
Example:
- Present Owner: John Doe, Namibian
- New Owner: Jane Smith, Namibian
- Interests in Other Businesses: None
Declaration
Declare that the information provided is true to the best of your knowledge and belief.
Example:
- Date: 1st July 2024
- Place: Windhoek
- Signature: John Doe
Final Thoughts on How to Complete Form B for Transfer of Public/Private Permit in Namibia
Completing Form B is an essential step in transferring a public or private road transportation permit or acquiring a controlling interest in Namibia. By following this guide, you can ensure that your application is accurate and complete, making the process smoother and more efficient. Remember, detailed and accurate information is key to avoiding any delays or issues.
For more detailed information, you can check out the official Road Transportation Regulations here.
Feel free to reach out if you have any questions or need further guidance. I’m here to help make your journey through the paperwork as smooth as possible.
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If you have more questions, look through our blog for answers!