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Article 53 VRTS credits: registration of ZE SPVs (SPV van manufacturers)

Original text. Later amendments are not shown.

An SPV van manufacturer acquires a VRTS credit for a scheme year in respect of each ZE SPV of which it is the manufacturer and which—

(a)

is registered during the scheme year; and

(b)

is a vehicle of category N1 or a vehicle of category N2 which falls within the description in paragraph (c) of the definition of “van” in article 3(1).