7.4. Despite section 5, every personalized registration plate becomes invalid at the expiry of 48 months after the day on which
(1) the owner of the vehicle for which the plate was issued notifies the Société that he no longer wishes to associate the plate with the vehicle;
(2) the vehicle with which the plate is associated is prohibited from being put into operation; or
(3) ownership of the vehicle is transferred.
However, the plate remains valid beyond the time limit prescribed in the first paragraph if, before the expiry of the time limit, the holder requests the Société to associate the plate with another vehicle owned by the holder or the prohibition referred to in subparagraph 2 of the first paragraph is lifted.