(1) While a third-party policy is in force for a motor vehicle, the third-party policy has effect in relation to the owner for the time being of the vehicle (and any driver of the vehicle) despite a change in the ownership of the vehicle.
(2) While a third-party policy is in force for motor vehicles to which a trader's plate issued in relation to any business is attached, the third-party policy has effect in relation to the person who is for the time being carrying on the business (and any driver of any such vehicle) despite a change in the ownership of the business.