The regulations may provide that the following persons are disqualified from obtaining or holding a licence:

(a) a person who has been the holder of a licence which has been suspended on a prescribed number of occasions or has been cancelled following the allocation of demerit points;

(b) a person who is or has been a member of a partnership or a substantial shareholder in a body corporate that has held a licence which has been suspended on a specified number of occasions or cancelled following the allocation of demerit points;

(c) a partnership or body corporate of which a member or substantial shareholder has been the holder of a licence that has been suspended on a prescribed number of occasions or cancelled following the allocation of demerit points.