Regulation 48 ReviewF1

(1)

The Secretary of State must from time to time carry out a review of the provisions listed in paragraph (2).

(2)

The listed provisions are—

(a)

regulation 15(1) and (3) to (3C) (issue of a new registration document before 26th October 2015);

(b)

regulation 15A (issue of a new registration document from 26th October); and

(c)

Schedule 3A (duties of the insurer, keeper and Secretary of State in relation to the issue of a new registration document from 26th October).

(3)

The Secretary of State must—

(a)

set out the conclusions of the review carried out in accordance with paragraph (1) in a report; and

(b)

publish the report.

(4)

The report must in particular—

(a)

set out the objectives intended to be achieved by the regulatory system established by those provisions;

(b)

assess the extent to which those objectives are achieved; and

(c)

assess whether those objectives remain appropriate and, if so, the extent to which they could be achieved with a system that imposes less regulation.

(5)

The first report under this regulation must be published before the end of the period of five years beginning with the day on which the provisions listed under paragraph (2) come into force.

(6)

Reports under this regulation are afterwards to be published at intervals not exceeding five years.

Annotations

Textual amendments

F1: Reg. 48 inserted (1.10.2015) by The Road Vehicles (Registration and Licensing) (Amendment) (No. 2) Regulations 2015 (S.I. 2015/1657), regs. 1, 6