Modifications etc. (not altering text)
C1Pt. IV: transfer of functions (8.5.2016) by The Departments (Transfer of Functions) Order (Northern Ireland) 2016 (S.R. 2016/76), art. 1(2), Sch. 5 Pt. 2 (with art. 9(2))
(1)A person applying for or holding a [F1bus operator's] licence F2... 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 [F3bus operator's] licence F4... authorising the use of vehicles for international operations shall not be considered to be of the appropriate financial standing unless he [F5meets the conditions relating to financial standing set out in Article 7 of the 2009 Regulation.]
F1Words in s. 46C(1) substituted (5.10.2015) by Transport Act (Northern Ireland) 2011 (c. 11), s. 48(2), Sch. 1 para. 15(2); S.R. 2015/284, art. 2(1), Sch. (with art. 2(2)(3))
F2Words in s. 46C(1) repealed (1.7.2012) by Goods Vehicles (Licensing of Operators) Act (Northern Ireland) 2010 (c. 2), s. 60(2), Sch. 4; S.R. 2012/262, art. 2 (with arts. 4-6)
F3Words in s. 46C(2) substituted (5.10.2015) by Transport Act (Northern Ireland) 2011 (c. 11), s. 48(2), Sch. 1 para. 15(3); S.R. 2015/284, art. 2(1), Sch. (with art. 2(2)(3))
F4Words in s. 46C(2) repealed (1.7.2012) by Goods Vehicles (Licensing of Operators) Act (Northern Ireland) 2010 (c. 2), s. 60(2), Sch. 4; S.R. 2012/262, art. 2 (with arts. 4-6)
F5Words in s. 46C(2) substituted (18.8.2014) by The Road Passenger Transport (Qualifications of Operators) Regulations (Northern Ireland) 2014 (S.R. 2014/206), regs. 1(1), 9(10)