Section 5 Notification of substantial damage

In paragraph (1) of both regulations 12 and 12A (change of ownership), after the word “applies” there shall be in each case inserted the words “subject to regulation 12B”.

There shall be inserted after regulation 12A the following—

“Notification of substantial damage

12B

(1)

This regulation applies, and regulations 12 and 12A do not apply, where—

(a)

a mechanically propelled vehicle in respect of which a registration book has been issued has substantial damage to its bodywork; and

(b)

either the owner does not have insurance which covers such damage to the bodywork of the vehicle or the owner is an insurance company.

(2)

On a change of ownership of a mechanically propelled vehicle the registered keeper shall forthwith surrender the registration book to the Secretary of State, or, in the case of an insurance company, destroy it.

(3)

In this regulation, “substantial damage” means damage the cost of commercial repair of which would exceed the value of the vehicle.”.