Amendment of Regulations3.

(1)

Regulation 3 (interpretation) is amended as follows.

(2)

In paragraph (1)—

(a)

after the definition of “keeper”, insert the following definition—

““keeper of a fleet” means a person who is the registered keeper of 50 or more vehicles;”;

(b)

in the definition of “tricycle”, for “4(3)(b); and” substitute “4(3)(b);”;

(c)

in the definition of “valeting”, for “accordingly.” substitute “accordingly; and”; and

(d)

after the definition of “valeting”, insert the following definition—

““vehicle trader” means any person who—

(a)

is the holder of a trade licence;

(b)

carries on business as a dealer in motor vehicles;

(c)

carries on business as an auctioneer of motor vehicles;

(d)

carries on business as a dismantler of motor vehicles; or

(e)

in relation to a particular vehicle, is—

  1. (i)

    a finance company which has acquired that vehicle under an order for repossession; or

  2. (ii)

    an insurer which has acquired that vehicle in satisfaction of a total loss claim.”

(3)

In paragraph (2) omit the words “regulations 21 to 25 “vehicle trader” has the meaning given by regulation 20(6) and in”.