(1) General provisions. No intrastate public carrier and no interstate carrier shall operate over the public roads of this State without a registration issued pursuant to this Article and in effect at the time operations are conducted. As used in this Article, “interstate carrier” includes any private carrier that is required to register under federal law.
     (2) Interstate intercorporate hauling and single-source leasing. Persons or entities engaged in interstate compensated intercorporate hauling, and interstate private carriers which lease equipment, with drivers, are interstate carriers for purposes of this Article notwithstanding any other provision of this Chapter. However, the Commission may:

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Terms Used In Illinois Compiled Statutes 625 ILCS 5/18c-4401


        (a) Exempt such carriers from the requirements of
    
this Article;
        (b) Subject any such exemption to such reasonable
    
terms and conditions as the Commission deems necessary to effectuate the purposes of this Chapter; and
        (c) Revoke any exemption granted hereunder if it
    
deems revocation necessary to effectuate the purposes of this Chapter.