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Make
further provision about the retention of vehicle registration
marks |
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Be
it enacted by the Queen’s most Excellent Majesty,
by and with the advice and |
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consent of the Lords Spiritual
and Temporal, and Commons, in this present |
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Parliament assembled,
and by the authority of the same, as follows:— |
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1 |
Retention
of registration marks pending transfer |
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(1) |
For section 26(1) of the
Vehicle Excise and Registration Act
1994 (c. 22) |
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(retention of registration
mark pending transfer) substitute— |
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“(1) |
The Secretary of State
may by regulations provide for— |
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(a) |
a person in whose name
a vehicle is registered under this Act, or |
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5 |
(b) |
if that person so requests,
another person, |
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to
be granted a right of retention in respect of the registration
mark for |
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the
time being assigned to the vehicle. |
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(1A) |
In subsection (1), the
reference to a right of retention is to a right, |
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exercisable
on a single occasion falling within a period prescribed by |
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regulations
made by the Secretary of State, to have the registration |
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mark
assigned to some other vehicle which is registered under this
Act |
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(a) |
the person to whom the
right is granted, or |
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(b) |
some other person nominated
by him in accordance with |
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regulations
made by the Secretary of State.” |
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(2) |
In subsection (2) of that
section— |
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(a) |
in paragraph (a), for “such
a right (a “right of retention”)” substitute
“a |
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(b) |
in paragraph (f), for “subsection
(1)” substitute “subsection (1A)”. |
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(3) |
In section 62(1) of that
Act (other definitions), in the definition of “right of
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retention”, for “(2)(a)”
substitute “(1A)”. |
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