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The Road Fund was a British Government fund designated to pay for the building and maintenance of the United Kingdom road network. Its income came originally from Vehicle Excise Duty , until that ceased to be hypothecated for roads use in 1936, and then from government grants.
The Finance Act 1920 introduced a "Duty on licences for mechanically propelled vehicles" which was to be hypothecated – that is, the revenue would be exclusively dedicated to a particular expenditure, namely the newly established Road Fund. [36]
The act also established the Road Fund. The Road Fund Licence (later renamed as Vehicle Excise Duty) was introduced in 1921 [8] and improve roads which had suffered as a consequence of the Great War. [9] It was intended as charge that could be levied regardless of the fuel used to power a vehicle.
The agency issues driving licences, organises collection of vehicle excise duty (also known as road tax [3] and road fund licence) and sells personalised registrations. The DVLA is an executive agency of the Department for Transport. The current Chief Executive of the agency is Julie (Karen) Lennard. [4]
In the United Kingdom it is a requirement to pay Vehicle Excise Duty (VED), which is commonly called road tax or vehicle tax, this is paid annually to the government for a vehicle licence. [36] Previously, vehicle licences in the form of paper tax discs were required to be displayed on vehicles, and this licence would remain valid until its ...
The 1938 series of Annual licence discs were a minor design revision to the 1932 series, and were issued from 1 January 1938 to July 1950. The background pattern text was revised to read "Mechanically propelled vehicle licence", instead of "Road Fund Licence".
A driving licence is required in England, Scotland, and Wales for any person (except the sovereign [1]) driving a vehicle on any highway or other "road", as defined in s.192 Road Traffic Act 1988, [2] irrespective of the ownership of the land over which the road passes. Similar requirements apply in Northern Ireland under the Road Traffic ...
Long title: An Act to make provision for the collection and application of the excise duties on mechanically-propelled vehicles and on carriages; to amend the Finance Act, 1920, as respects such duties; and to amend the Motor Car Acts, 1896 and 1903, and the Development and Road Improvement Funds Act, 1909; and to make other provision with respect to roads and vehicles used on roads, and for ...