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Explanatory Note
These Regulations prescribe the fee which is payable under section 19C of the Vehicle Excise and Registration Act 1994 upon the acceptance of a credit card payment in respect of the vehicle excise duty payable upon each vehicle licence or trade licence for which application is made (regulation 2). The fee is £2.50 and such amount has been approved by the Treasury.
The Regulations also prescribe the meaning of “credit card” for the purposes of that section (regulation 3).
A full Regulatory Impact Assessment of the effect that these Regulations will have on the costs of business is available from the Vehicle Policy Group at the Driver and Vehicle Licensing Agency (DVLA), Swansea, SA99 7JL (telephone number: 0870 240 0010; fax: 01792 782793). A copy has been placed in the library of both Houses of Parliament. The Assessment may also be found by visiting the DVLA website at www.dvla.gov.uk.
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