Cut, with hole punctured, concerned with what may be required? (5,4)

I believe the answer is:
spare tyre
'cut' is the definition.
Both the definition and answer are singular nouns.
Maybe they are linked in a way I don't understand?
'hole punctured concerned with what may be required?' is the wordplay.
I cannot quite see how this works, but
'be' could be 'are' (I've seen this in another clue) and 'are' is found in the answer.
'concerned with' could be 're' (re can mean regarding, concerning) and 're' is found in the answer.
This may be the basis of the clue (or it may be nonsense).
'with' is the link.
Can you help me to learn more?
(Other definitions for spare tyre that I've seen before include "Something kept for the flat" , "stomach?" , "what motorist carries" , "Form of extra weight" , "Part of corporation" .)
