Useful Information For Taxi Drivers

Thinking Of Buying A Taxi License? 

The deadline for SPSV licence transfers under the old rules has now passed. Most standard taxi licences are transferable but you should check with the Commission before buying. All other categories of licences including wheelchair accessible taxi are not transferable

From now on all transfers of licence ownership must involve a vehicle that is 3 years old or less 

The 3-year rule also applies to “package” deals (vehicle and licence together) 
For all subsequent changes of vehicle on your transferred licence, the replacement vehicle must be no older than the vehicle it replaces.

Once the licence is transferred into your name it will become non-transferable (i.e. it cannot be sold again). The Commission advise that you don’t pay in full for a taxi licence until the licence has been put into your name officially. You do not own the licence until an official transfer has been completed. Make sure the licence has at least one month left before expiry as an expired licence cannot be transferred

FOR MORE INFORMATION ON THESE AND OTHER CONDITIONS FOR TRANSFERRED STANDARD TAXI LICENCES CALL THE INDUSTRY INFORMATION LINE 1890 347 347