What applies with this traffic sign?

This traffic sign indicates that no parking is allowed in the marked area for taxis. Taxis often need to pick up and drop off passengers quickly, so this rule helps ensure they have the space to do so without obstruction.

The correct understanding of this sign combines the considerations of both anticipating taxi movement and the need to avoid stopping or parking in the designated area. Complying with this rule allows for a smoother flow of traffic and ensures safety for all road users. It's important to be aware of these regulations to avoid fines or accidents.