Part 1 EXCISE DUTIES

Vehicle excise duty

14 Surrender of vehicle licences

1

Section 19 of the Vehicle Excise and Registration Act 1994 (surrender of licences) is amended as follows.

2

After subsection (1) insert—

1A

Subsection (1B) applies where the holder of a licence—

a

has notified the Secretary of State that he wishes to surrender the licence under section 10(2),

b

has agreed to comply with such conditions as may be specified in relation to him by the Secretary of State, and

c

if the conditions so specified in relation to him include a condition such as is mentioned in subsection (1C)(a), has complied with that condition.

1B

If the holder has not surrendered the licence before the time when paragraphs (a) to (c) of subsection (1A) are first all satisfied, then at that time—

a

the holder becomes entitled to rebate under subsection (1) as if he had surrendered the licence at that time,

b

the licence ceases to be in force, and

c

the provisions of section 10(2) and subsection (1) cease to apply to the licence.

1C

The conditions which may be specified under subsection (1A)(b) include—

a

a condition that particulars for the time being prescribed under section 22(1D)(a) are furnished by being transmitted to the Secretary of State by such electronic means as he may specify; and

b

a condition that the licence be returned to the Secretary of State within such period as may be specified by the Secretary of State.

3

Subsection (3) (no rebate under subsection (1) where regulations not complied with) shall cease to have effect.