38. When the Fonds has made a payment towards satisfaction of a judgment, no permit or registration shall be issued to the debtor or reinstated unless he(a) has given a certificate of insurance or of financial responsibility contemplated in the Automobile Insurance Act; and
(b) has repaid to the Fonds the total amount disbursed with interest, or is paying the same regularly in instalments agreed to by the Fonds.
The director shall again suspend the permit or registration on receipt of notice from the Fonds of default of payment by instalments.
R. S. 1964, c. 232, s. 42; 1977, c. 68, s. 213.