# Transport Act (Northern Ireland) 1967, Section 46C: Financial standing of road freight and road passenger transport operators

Extent: N.I.

(1) A person applying for or holding a bus operator's licence ... 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.
(2) An applicant for, or the holder of, a bus operator's licence ... authorising the use of vehicles for international operations shall not be considered to be of the appropriate financial standing unless he meets the conditions relating to financial standing set out in Article 7 of the 2009 Regulation.

---
Source: https://www.legislation.gov.uk/apni/1967/37/section/46C (the official version)
Page: https://openlegislation.uk/transport-act-northern-ireland-1967/section-46C
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.