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2.—(1) The Motor Vehicles (Third Party Risks) Regulations 1972(1) shall be amended as follows.
(2) In regulation 5(1), for the words after sub-paragraph (b) there shall be substituted the following words—
“Provided that where a security is intended to cover the use of more than ten motor vehicles at one time the company by whom it was issued may issue one certificate only and the holder of the security may issue duplicate copies of such certificate duly authenticated by him.”
(3) In regulation 9, after paragraph (2) there shall be inserted the following paragraph—
“(3) A person shall not, when applying for a licence under the Vehicle Excise and Registration Act 1994, be required to comply with the provisions of paragraph (1) of this regulation if—
(a)the motor vehicle in respect of which the licence is applied for is part of a fleet of not less than 250 motor vehicles owned by one person;
(b)the person who applies for the licence manages the fleet of motor vehicles on behalf of the owner of the fleet under a contract, and
(c)the contract under which the person manages the fleet contains a requirement that all the motor vehicles in the fleet be insured in accordance with the Road Traffic Act 1988.”
S.I. 1972/1217, to which there are amendments not relevant to these Regulations.
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