http://www.legislation.gov.uk/uksi/1990/1851/schedule/paragraph/2/madeThe Public Service Vehicle Operators (Qualifications) Regulations 1990Road transportVehiclesRestLegislationCommunity mental health servicesKing's Printer of Acts of Parliament2012-10-17PUBLIC PASSENGER TRANSPORT These Regulations amend Schedule 3 to the Public Passenger Vehicles Act 1981 to implement Council Directive (EEC) No. 438/89 of 21st June 1989 (OJ No. L212, 22.7.89, p. 101) amending Council Directive (EEC) No. 562/74 of 12th November 1974 on admission to the occupation of road passenger transport operator in national and international transport operations (OJ No. L308, 19.11.74, p. 23). SCHEDULE AMENDMENTS OF SCHEDULE 3 TO THE PUBLIC PASSENGER VEHICLES ACT 1981 2 The existing provisions of paragraph 2 shall become sub-paragraph (1) of that paragraph and after that sub-paragraph there shall be inserted — 2 An applicant for, or the holder of, such a licence authorising the use of vehicles for international operations shall not be considered to be of appropriate financial standing unless he has available capital and reserves of an amount equal to at least — a 3,000 European Currency Units multiplied by the number of vehicles which are to be or are used under the licence; or b 150 European Currency Units multiplied by the number of passenger seats in that number of vehicles, whichever is the less.
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<dc:title>The Public Service Vehicle Operators (Qualifications) Regulations 1990</dc:title>
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<dc:description>These Regulations amend Schedule 3 to the Public Passenger Vehicles Act 1981 to implement Council Directive (EEC) No. 438/89 of 21st June 1989 (OJ No. L212, 22.7.89, p. 101) amending Council Directive (EEC) No. 562/74 of 12th November 1974 on admission to the occupation of road passenger transport operator in national and international transport operations (OJ No. L308, 19.11.74, p. 23).</dc:description>
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