Exercise of a relevant right
6.—(1) A relevant right shall be exercisable only on a single occasion falling within the period mentioned in sub-paragraph (2) by means of the surrender by the purchaser to the Secretary of State of –
(a)either –
(i)the certificate of entitlement; or
(ii)a duplicate certificate mentioned in paragraph 5(1) or (3); and
(b)such of the documents mentioned in sub-paragraph (3) as are applicable.
(2) The period referred to in sub-paragraph (1) is –
(a)one year from the date of the payment of the sum payable under the agreement made relating to the relevant right; or
(b)such further period as the Secretary of State thinks fit in the circumstances of any particular case.
(3) The documents referred to in sub-paragraph (1)(b) are –
(a)the registration document issued under the 1971 Act in respect of the vehicle in relation to which the purchaser proposes to exercise the relevant right (in this sub-paragraph referred to as “the vehicle”) in which the name and address of the purchaser or, where appropriate, the nominated person are stated as the owner of the vehicle within the meaning of the Registration and Licensing Regulations;
(b)the vehicle licence for the time being in force taken out in respect of the vehicle under the 1971 Act or the application for such a licence;
(c)the test certificate for the time being in force issued in respect of the vehicle under section 45 of the 1988 Act; and
(d)the plating certificate and the goods vehicle certificate for the time being in force issued in respect of the vehicle under regulations made under section 49 of the 1988 Act.