Senior Traffic Commissioners revised Statutory Guidance and Statutory Directions
Friday 9th December 2011The Office of the Traffic Commissioner has now made available the updated Statutory Guidance and Directions for all holders of HGV and PCV Operator Licences after 4 December 2011.
All Operators should review the guidance and ensure that they continue to comply with legislation governing road transport.
With particular importance, Operators should review the guidance on Financial Standing and the new ways in which to satisfy the financial standing test.
Furthermore as from the 1 January 2012 the financial standing required per vehicle is changing to;
|
Licence type |
Goods vehicles (GVs) |
Public Service Vehicles (PSVs) |
|
|
Standard |
First vehicle |
£7,700 |
£7,700 |
|
Each additional vehicle |
£4,200 |
£4,200 |
|
|
Restricted |
First vehicle |
£3,100 |
£3,100 |
|
Each additional vehicle |
£1,700 |
£1,700 |
|
The Statutory guidance and Directions will be of particular importance when making applications for new licences or to vary existing licences.
If you require any assistance with the Statutory Guidance or Directions, Backhouse Jones' team of dedicated Regulatory Solicitors are more than happy to assist. Please call 01254 828300 for further information.
The Statutory Guidance and Directions can be found at;
http://www.dft.gov.uk/publications/senior-traffic-commissioners-revised-guidance-directions/
