Licence margin

12.07.2013 09:40

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Licence margin

1) In connection with goods vehicle '0' licensing, the difference between number of vehicles authorized on the licence and number currently specified.

Vehicles can be added (ie either purchased or short-term hired) within margin without further application but TC must be notified of registration number within 28 days.

Source: David Lowe. The Dictionary of Transport and Logistics. Kogan Page, 2002. – P.142 (288 p.)


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