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5.—(1) The Secretary of State shall issue a company card to a person who complies with the requirements in paragraph (2).
(2) The requirements are that the person—
(a)is the owner or holder of a vehicle in which there is equipment for recording information as to the use of that vehicle which—
(i)has been installed in accordance with the Community Recording Equipment Regulation; and
(ii)complies with Annexes IB and II to that Regulation;
(b)either—
(i)if an individual, is normally resident in Great Britain; or
(ii)if a company, has a place of business in Great Britain;
(c)makes an application for the card in such form and provides the Secretary of State with such documents and information in support of the application as the Secretary of State may require; and
(d)pays the fee prescribed in accordance with regulation 8.
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