Updated: Document updated to carry new financial standing rates.
The Senior Traffic Commissioner for Great Britain issues guidance and directions under section 4C(1) of the Public Passenger Vehicles Act 1981 (as amended).
This guidance explains how the Senior Traffic Commissioner believes that traffic commissioners should interpret the law in relation to the requirements for financial standing.
The directions are addressed to the traffic commissioners in respect of the approach to be taken by staff acting on behalf of individual traffic commissioners. They dictate the operation of delegated functions in relation to the requirements for financial standing.
This document replaces the previous version dated December 2016.
Local copy of sd2-finance-december_2017.pdf
https://www.gov.uk/government/publications/traffic-commissioners-finance-september-2017
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