# The Private Hire Vehicles (London) (Operators' Licences) Regulations 2000, Regulation 7: Fees


(1) Subject to paragraph (2), for the purpose of regulation 6 the fee for the grant of a licence for a period of five years is £975.
(2) Where an applicant for the grant of a licence meets the requirement set out in paragraph (3), he may elect that the amount of £375 shall be substituted for the amount of £975 referred to in paragraph (1).
(3) The requirement referred to in paragraph (2) is that no more than two private hire vehicles will be available to the applicant for carrying out bookings accepted by him at all the operating centres which will be specified in his licence.
(4) Subject to paragraphs (5) and (6), for the purpose of regulation 6 the fee for the grant of a licence for a period of less than five years is an amount equal to that proportion of the amount of £975 which the proposed period of the licence bears in relation to the period of five years.
(5) Where an applicant for the grant of a licence meets the requirement set out in paragraph (3), he may elect that the amount of £375 shall be substituted for the amount of £975 referred to in paragraph (4).
(6) Where the calculation of any fee in accordance with paragraph (4) would have the result that the amount payable would include a fraction of a pound then the amount payable shall be adjusted downwards to the nearest pound.

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Source: https://www.legislation.gov.uk/uksi/2000/3146/regulation/7 (the official version)
Page: https://openlegislation.uk/private-hire-vehicles-london-operators-licences-regulations-2000/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.