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Paragraph 2

England, Wales and Scotland

F1(1)

Being of appropriate financial standing in relation to an application for, or holder of, F2a restricted licence consists in having available sufficient financial resources to ensure the establishment and proper administration of the business carried on, or proposed to be carried on, under the licence.

F3(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations

Textual amendments

F1

By S.I. 1990/1851, reg. 2, Sch. para. 2 it is provided (subject to a saving in reg. 2(2) and with application as mentioned in reg. 2(3)) that the existing provisions of para. 2 shall become sub-para. (1) of that para. and that there shall be inserted para 2(2)

F2

Words in Sch. 3 para. 2(1) substituted (4.12.2011) by The Road Transport Operator Regulations 2011 (S.I. 2011/2632), reg. 1(1), Sch. 1 para. 11(2)(a) (with Sch. 3 Pt. 1)

F3

Sch. 3 para. 2(2) omitted (4.12.2011) by virtue of The Road Transport Operator Regulations 2011 (S.I. 2011/2632), reg. 1(1), Sch. 1 para. 11(2)(b) (with Sch. 3 Pt. 1)

Notes on Schedule 3

Textual amendments

F1

Words in Sch. 3 shoulder reference substituted (4.12.2011) by The Road Transport Operator Regulations 2011 (S.I. 2011/2632), reg. 1(1), Sch. 1 para. 11(8) (with Sch. 3 Pt. 1)