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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 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 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. [33]
The agency issues driving licences, organises collection of vehicle excise duty (also known as road tax [1] 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. [2]
Text within circular ring reads: “This Licence Card must be exhibited in the regulation position on the vehicle when in use upon a public road [See Note in the Licence Registration Book]. It must be given up to the Post Office or to the Registration Authority on expiry. A new licence cannot be issued until the old one is surrendered.” (None ...
A vehicle licence may be a paper document to be kept in the vehicle at all times. This may be in the form of an adhesive sticker to be affixed or displayed on the windshield of the vehicle or on the registration plate. In some countries, such as the UK, the paper document has been replaced by an electronic record. Authorities can confirm a ...
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The costs and conditions attached to the new licences and vehicle duty were contentious to road users as they were based on axle weight and could be very expensive; many municipal corporations who ran their own fleets, bus companies, vehicle manufacturers, hauliers, showmen, trade unions and the coal industry protested and predicted crippling ...
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