Regulation 4 Refund of fees paid for vehicle discs
If a licence is surrendered, or revoked or otherwise terminated under a provision of the 1981 Act or other statutory provision and the requirements of regulation 14(1) of the 1995 Regulations have been met, then any sum paid in respect of a disc which has been issued in relation to that licence and is attributable to any complete months which have not begun at the time of termination, shall be refunded.
If a traffic commissioner under section 16(1) of the 1981 Act varies the condition specifying the maximum number of vehicles which may be used under an operator’s licence and the requirements of regulation 14(4) of the 1995 Regulations have been met, then the holder of that licence shall be refunded sums paid for one or more discs, in so far as those sums are attributable to—
complete months that have not begun at the time of the traffic commissioner’s decision, and
a disc or discs which will no longer be used under that licence.
If two or more discs have been issued in relation to a licence, then for the purposes of calculating the amount to be refunded under paragraph (1) or (2) the returned disc or discs shall be deemed to be the last one or ones issued.