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Where the number of contract carriages is limited under Section 74 of the Motor Vehicles Act, 1988,…

Section 74(3)(b) requires the Regional Transport Authority, where contract carriages are limited, to have regard to "the financial stability of the applicant" and his…

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Where the number of contract carriages is limited under Section 74 of the Motor Vehicles Act, 1988, while considering an application for a contract carriage permit, regard shall be given to:

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Correct answer B

Section 74(3)(b) requires the Regional Transport Authority, where contract carriages are limited, to have regard to "the financial stability of the applicant" and his satisfactory performance as a contract carriage operator, including payment of tax. Unlike s.71(3)(b) for stage carriages, s.74 makes no reservation for any community.

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