254Approvals – insurance

254 Approvals – insurance

(1)  The owner of a road vehicle used to transport placard loads, or a prime contractor responsible for the condition of the vehicle, may make an application in accordance with regulation 182 to use the vehicle even if the vehicle is not covered by a policy of insurance or other form of indemnity in accordance with regulation 251(1)(a) or regulation 252(1)(a) .

(2)  If the Competent Authority is satisfied that the owner or prime contractor is adequately capable of self-insurance for the purposes of regulation 251(1)(a) or regulation 252(1)(a) , the Competent Authority may give written approval for the use of the vehicle.

(3)  An approval under subregulation (2) may be given by the Competent Authority –

(a) for a single use or for a period not longer than 5 years; and

(b) subject to any other condition.