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In the UK the document is the V5C, also commonly called the "log book". [2] The document is issued by the DVLA and tracks the registered keeper of the vehicle. When a vehicle is transferred, exported, scrapped or had major modification (new engine, chassis or factors affecting the taxation class) the form is returned to the DVLA with details of the required changes, who then issue a new ...
Borrowers hand the logbook lender the V5C vehicle registration document or "logbook"; whilst if taken to the court for civil breach of the Act (which is usually prohibitively expensive and complex), the lender would swear the transfer were purely symbolic and has no legal effect as it warns on its face, in reality they may seize the vehicle ...
The DVLA is an executive agency of the Department for Transport. The current Chief Executive of the agency is Julie (Karen) Lennard. [3] The DVLA is based in Swansea, Wales, with a prominent 16-storey building in Clase and offices in Swansea Vale. It was previously known as the Driver and Vehicle Licensing Centre.
The current version has the reference number V5C. Prior to computerisation, the title document was called the 'log book', and this term is sometimes still used to describe the V5C. The V5 document records who the Registered Keeper of the vehicle is; it does not establish legal ownership of the vehicle. These documents used to be blue on the front.
A logbook loan is a form of secured lending in the United Kingdom and is the most common modern example of a security bill of sale. Borrowers transfer ownership of their car, van or motorcycle to the logbook lender as security for a loan. While making repayments borrowers keep possession of their vehicle and continue to use it.
Both systems are administered by the Driver and Vehicle Licensing Agency (DVLA) in Swansea. Until July 2014, Northern Ireland's system was administered by the Driver and Vehicle Agency (DVA) in Coleraine, which had the same status as the DVLA. Other schemes relating to the UK are also listed below.
From 21 July 2014, vehicle registration in Northern Ireland became the responsibility of the Driver and Vehicle Licensing Agency DVLA in Swansea, which also administers the system used in Great Britain. The pre-1972 format of Northern Ireland registration plates continues unchanged in Northern Ireland.
The test, carried out by VOSA, determined whether or not a car presented was the same one that was listed on DVLA records. To apply for a check, a VIC1 Form had to be completed and submitted to VOSA. A car bought with no V5C might also require a VIC even if there had been no insurance claim to confirm its identity before a new V5C was issued.