Explanatory note

These Regulations revoke all previous regulations relating to the sale of rights relating to registration marks and the schemes made under them and make a new scheme providing for registration marks to which section 27 of the Vehicle Excise and Registration Act 1994 applies to be assigned to vehicles registered in the names of, or of the nominees of, persons who have acquired rights under the scheme to have the marks so assigned. The revoked schemes, however, continue to apply to unexercised rights granted before these Regulations come into force. Apart from drafting changes the main difference between the scheme made by these Regulations and earlier schemes is that the new scheme enables a right to be acquired to assign a registration mark to a vehicle registered in the Northern Ireland register of mechanically propelled vehicles.