Turner reveals new EC ruling
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• New EC legislation will require applicants for new international licences to raise a surety of around 2.4,000 per vehicle in capital and available resources.
This was revealed by South Eastern Traffic Commissioner Brigadier Michael Turner, when he granted John Mancini, trading as Kingsman International Travel of Faversham, a new one-vehicle two-year international PSV licence.
In 1984 Mancini was jailed for 18 months at St Albans Crown Court, after being convicted of conspiring to receive stolen spare parts from National Bus Company employees.
Mancini had always maintained his innocence, and Turner said that he accepted that there had been substantial rehabilitation, sufficient to restore Mancini's repute.
Though satisified that Mancini had sufficient capital, Turner said that under new EC legislation there was a requirement that new standard international licences be supported by 3,000 European Currency Units, — about 24,000 — in capital and assets.
If that rule was going to apply in the future, Commissioners were going to have to work towards that kind of figure now. Mancini had sufficient capital to cover that requirement.