Section 46C Financial standing of road freight and road passenger transport operators
Northern Ireland
A person applying for or holding a F1bus operator's licence F2... shall be regarded as having appropriate financial standing if he has available, or will have available, to him sufficient financial resources to ensure the launching and proper administration of the service or undertaking operated or to be operated by him under that licence.
An applicant for, or the holder of, a F3bus operator's licence F4... authorising the use of vehicles for international operations shall not be considered to be of the appropriate financial standing unless he F5meets the conditions relating to financial standing set out in Article 7 of the 2009 Regulation.
Annotations
Textual amendments
- F1
Words in s. 46C(1) substituted (5.10.2015) by Transport Act (Northern Ireland) 2011 (c. 11), s. 48(2), Sch. 1 para. 15(2); S.R. 2015/284, art. 2(1), Sch. (with art. 2(2)(3))
- F2
Words in s. 46C(1) repealed (1.7.2012) by Goods Vehicles (Licensing of Operators) Act (Northern Ireland) 2010 (c. 2), s. 60(2), Sch. 4; S.R. 2012/262, art. 2 (with arts. 4-6)
- F3
Words in s. 46C(2) substituted (5.10.2015) by Transport Act (Northern Ireland) 2011 (c. 11), s. 48(2), Sch. 1 para. 15(3); S.R. 2015/284, art. 2(1), Sch. (with art. 2(2)(3))
- F4
Words in s. 46C(2) repealed (1.7.2012) by Goods Vehicles (Licensing of Operators) Act (Northern Ireland) 2010 (c. 2), s. 60(2), Sch. 4; S.R. 2012/262, art. 2 (with arts. 4-6)
- F5
Words in s. 46C(2) substituted (18.8.2014) by The Road Passenger Transport (Qualifications of Operators) Regulations (Northern Ireland) 2014 (S.R. 2014/206), regs. 1(1), 9(10)
Notes on the whole Act
Textual amendments
- F1
Certain functions transf. by SR 1999/481
Notes on Part IV
Modifications
- C1
Pt. IV: transfer of functions (8.5.2016) by The Departments (Transfer of Functions) Order (Northern Ireland) 2016 (S.R. 2016/76), art. 1(2), Sch. 5 Pt. 2 (with art. 9(2))