An on-load tap changer is provided and includes a plurality of modules disposed in an interior space of a tank and arranged in a side-by-side manner. Each module has a bypass switch assembly and a vacuum interrupter assembly mounted to a first side of a board. The bypass switch assembly is actuated by rotation of a bypass cam and the vacuum interrupter assembly is actuated by rotation of an interrupter cam. A transmission system rotates the bypass cam and the interrupter cam. The transmission system is mounted on a second side of the board.