(1)  A luxury hire car licence authorises the small passenger vehicle specified in the licence to be hired out, together with a driver, for the purpose of carrying passengers for reward even though –

(a) the vehicle is not a taxi; and

(b) the passenger service being provided is not a limited passenger service.

(2)  A luxury hire car licence does not authorise a luxury hire car to stand or ply for hire in a public street or be hailed.