sec.388Exemption—business name

### sec.388 Exemption—business name Vehicle registration duty is not imposed on an application to register or transfer a vehicle if— the vehicle is registered in the name of a business; and vehicle registration duty or duty under a corresponding Act was paid for the registration of the vehicle; and the application is made by or for the owners of the business to register or transfer the vehicle— in the sole names of the owners; or in the name of another business owned solely by the owners; or for an application to register a vehicle registered under a corresponding Act in a business name—in the name of the business owned solely by the owners. - (a) the vehicle is registered in the name of a business; and - (b) vehicle registration duty or duty under a corresponding Act was paid for the registration of the vehicle; and - (c) the application is made by or for the owners of the business to register or transfer the vehicle— (i) in the sole names of the owners; or (ii) in the name of another business owned solely by the owners; or (iii) for an application to register a vehicle registered under a corresponding Act in a business name—in the name of the business owned solely by the owners. - (i) in the sole names of the owners; or - (ii) in the name of another business owned solely by the owners; or - (iii) for an application to register a vehicle registered under a corresponding Act in a business name—in the name of the business owned solely by the owners. - (i) in the sole names of the owners; or - (ii) in the name of another business owned solely by the owners; or - (iii) for an application to register a vehicle registered under a corresponding Act in a business name—in the name of the business owned solely by the owners.