Transport (Taxi-Cab Licences - Trading) Regulations 2005

i Transport (Taxi-Cab Licences - Trading) Regulations 2005 S.R. No. 81/2005 TABLE OF PROVISIONS Regulation Page 1. Objective 1 2. Authorising provision 1 3. Commencement 1 4. Definitions 2 5. Authorisation to trade in taxi-cab licences 3 6. Expiry 3 ═══════════════ -- 1 of 4 -- 1 STATUTORY RULES 2005 S.R. No. 81/2005 Transport Act 1983 Transport (Taxi-Cab Licences - Trading) Regulations 2005 The Governor in Council makes the following Regulations: Dated: 28 June 2005 Responsible Minister: PETER BATCHELOR Minister for Transport RUTH LEACH Acting Clerk of the Executive Council 1. Objective The objective of these Regulations is to authorise certain persons to trade in taxi-cab licences for the purposes of section 150A of the Transport Act 1983. 2. Authorising provision These Regulations are made under section 162 of the Transport Act 1983. 3. Commencement These Regulations come into operation on 1 July 2005. -- 2 of 4 -- S.R. No. 81/2005 Transport (Taxi-Cab Licences - Trading) Regulations 2005 2 4. Definitions In these Regulations— "Act" means the Transport Act 1983; "externally-administered body corporate" has the same meaning as in the Corporations Act; "insolvent under administration" means— (a) a person who is an undischarged bankrupt; or (b) a person for whom a debt agreement has been made under Part IX of the Bankruptcy Act 1966 of the Commonwealth (or the corresponding provisions of the law of another jurisdiction) if the debt agreement has not ended or has not been terminated; or (c) a person who has executed a deed of arrangement under Part X of the Bankruptcy Act 1966 of the Commonwealth (or the corresponding provisions of the law of another jurisdiction) if the terms of the deed have not been fully complied with; or (d) a person whose creditors have accepted a composition under Part X of the Bankruptcy Act 1966 of the Commonwealth (or the corresponding provisions of the law of another jurisdiction) if a final payment has not been made under that composition; "taxi-cab licence" has the same meaning as in section 86(1) of the Act; "trade" has the meaning given to it under section 150A(2) of the Act. r. 4 -- 3 of 4 -- S.R. No. 81/2005 Transport (Taxi-Cab Licences - Trading) Regulations 2005 3 5. Authorisation to trade in taxi-cab licences For the purposes of section 150A of the Act, the following persons are authorised to trade in taxi- cab licences— (a) a person who has engaged in conduct at any time before 1 July 2005 that would constitute trading in taxi-cab licences; (b) a person other than a person referred to in paragraph (a) who trades in taxi-cab licences and is not— (i) in the case of a natural person, an insolvent under administration; (ii) in the case of a corporation, an externally administered body corporate. 6. Expiry These Regulations expire on 31 December 2005. ═══════════════ r. 5 -- 4 of 4 --