# The Public Transport Companies (Permitted Maximum and Required Minimum Numbers of Directors) Order 1985, Article 4

Extent: E+W+S

For the purposes of article 3 of this Order, a vehicle shall be treated as owned by the company if it is—
(a) owned by a subsidiary of the company; or
(b) in the possession of the company, or of any subsidiary of the company, under an agreement for hire, hire-purchase, conditional sale or loan.

---
Source: https://www.legislation.gov.uk/uksi/1985/1901/article/4 (the official version)
Page: https://openlegislation.uk/public-transport-companies-permitted-maximum-and-required-minimum-numbers-of-directors-order-1985/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

