(1) The Finance Act 1992 is amended by inserting the following after section 142:

"142A.

(1) In this section -

'policy of insurance' means an approved policy of insurance referred to in section 56(1)(a) of the Road Traffic Act 1961;

'unregistered vehicle' means a vehicle that has not been registered in the State under section 131 of this Act or section 6 of the Roads Act 1920;

'vehicle insurer' has the same meaning as in section 58 of the Road Traffic Act 1961.

(2) A vehicle insurer who issues a policy of insurance to a person for a period in excess of 42 days in relation to an unregistered vehicle shall, within one month of the date of issue of the policy of insurance, make a return to the Commissioners of the following particulars -

(a) the name and address of the person to whom the policy of insurance issued,

(b) the policy number,

(c) the commencement and cessation dates of the policy of insurance,

(d) the registration or identification marks assigned to the unregistered vehicle under a system for maintaining a record of vehicles and their ownership duly established by or on behalf of the government or other authority of the state (other than the State) or territory concerned, or where no such registration or identification mark has been assigned, the vehicle identification number,