Regulation 4 I1

Section 146(3) of the Road Traffic Act 1972 (requirements in respect of securities) shall have effect as if the words “and up to the amount” and paragraphs (a) and (b) were omitted and there were added at the end the following proviso:—

“ Provided that in the case of liabilities arising out of the use of a motor vehicle on a road in Great Britain the amount secured need not exceed—

(a)

in the case of an undertaking relating to the use of public service vehicles (within the meaning of Part III of the Road Traffic Act 1960), £25,000;

(b)

in any other case, £5,000. ”.