- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
(1)Where—
(a)a motor trader or vehicle tester, or
(b)a person who satisfies the Secretary of State that he intends to commence business as a motor trader or vehicle tester,
applies to the Secretary of State (in the manner prescribed by regulations made by the Secretary of State) to take out a licence under this section (a “trade licence”), the Secretary of State may, subject to the conditions so prescribed, issue such a licence to him on payment of vehicle excise duty at the rate applicable to the licence.
(2)In the case of a motor trader who is a manufacturer of vehicles, a trade licence is a licence for—
(a)all vehicles which are from time to time temporarily in his possession in the course of his business as a motor trader,
(b)all vehicles kept and used by him solely for purposes of conducting research and development in the course of his business as such a manufacturer, and
(c)all vehicles which are from time to time submitted to him by other manufacturers for testing on roads in the course of that business.
(3)In the case of any other motor trader, a trade licence is a licence for all vehicles which are from time to time temporarily in his possession in the course of his business as a motor trader.
(4)In the case of a vehicle tester, a trade licence is a licence for all vehicles which are from time to time submitted to him for testing in the course of his business as a vehicle tester.
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