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Paragraph 2 Duty of the keeperF1

United Kingdom

(1)

Where a keeper of a fleet is the keeper of a relevant vehicle that is not insured with an insurer and the pre-accident value of the vehicle is F2either less than the cost of repairing it or the total cost of repairing it and associated ancillary costs, that keeper must—

(a)

notify the Secretary of State if—

(i)

the vehicle has sustained damage, and

(ii)

the vehicle is suitable for repair; and

(F3iii)

if the notification is made on or after 20th February 2018, the vehicle has sustained structural damage; and

(b)

destroy the registration document for that vehicle F4unless the vehicle is suitable for repair and has not sustained structural damage.

(2)

Where the keeper of a relevant vehicle receives a notification from an insurer in accordance with paragraph 1(1)(b), that keeper must forthwith surrender the registration document for that vehicle to the Secretary of State unless that document is held by the insurer F5or the vehicle is suitable for repair and has not sustained structural damage.

Annotations

Textual amendments

F1

Sch. 3A inserted (1.10.2015) by The Road Vehicles (Registration and Licensing) (Amendment) (No. 2) Regulations 2015 (S.I. 2015/1657), regs. 1, 7

F2

Words in Sch. 3A para. 2(1) substituted (19.2.2018) by The Road Vehicles (Registration and Licensing) (Amendment) Regulations 2018 (S.I. 2018/52), regs. 1, 8(b)

F3

Sch. 3A para. 2(1)(a)(iii) inserted (19.2.2018) by The Road Vehicles (Registration and Licensing) (Amendment) Regulations 2018 (S.I. 2018/52), regs. 1, 8(c)

F4

Words in Sch. 3A para. 2(1)(b) inserted (19.2.2018) by The Road Vehicles (Registration and Licensing) (Amendment) Regulations 2018 (S.I. 2018/52), regs. 1, 8(d)

F5

Words in Sch. 3A para. 2(2) inserted (19.2.2018) by The Road Vehicles (Registration and Licensing) (Amendment) Regulations 2018 (S.I. 2018/52), regs. 1, 8(e)