17.—(1) Every licensee shall appoint a key executive officer and shall ensure that the key executive officer is responsible for the proper administration and management of the affairs of the travel agency.
(2) A key executive officer appointed under paragraph (1) shall carry out his duties referred to in that paragraph.
(3) A key executive officer appointed under paragraph (1) shall be contactable at any time.
(4) If a vacancy occurs in the post of key executive officer by reason of the death, resignation, revocation of appointment of the key executive officer, the licensee shall —
(a)
within 2 weeks of the key executive officer ceasing to carry out his duties, notify the Board of that fact; and
(b)
within 6 months of the key executive officer ceasing to carry out his duties, appoint another key executive officer in accordance with paragraph (1).