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Explanatory Note

(This note is not part of the Regulations)

The Retention of Registration Marks Regulations 1993 provide for a person in whose name a vehicle is registered to be granted a right (known as a “right of retention”) to have the registration mark of the vehicle assigned to another vehicle registered in either the name of the grantee or that of his nominee. The 1993 Regulations and the Retention of Registration Marks Regulations 1992 (which apply to rights of retention applied for before 1st May 1993) require a nomination to be made in the application for the grant of a right. These Regulations amend the 1992 and 1993 Regulations so as to allow the grantee of a right of retention, on application, also to make a nomination after the grant of the right and to change a nomination already made. A fee of £25 is payable with such an application. No fee is payable if the nomination is made when the right of retention is applied for.

Other amendments are made to the 1992 and 1993 Regulations including the substitution of references to the Vehicle Excise and Registration Act 1994 for references to earlier legislation which was consolidated in that Act and the repeal of certain spent transitional provisions.