(1) The annual registration charge for a vehicle to which this Act applies, other than semi trailers, B‑double lead trailers and B‑triple lead and middle trailers, for the 2010 - 2011 financial year is to be calculated as follows -
1. The annual registration charge that was payable for the vehicle for the 2009 - 2010 financial year ("the previous annual registration charge") is to be multiplied by the Annual Adjustment Factor percentage determined under Schedule 1 for the 2010 - 2011 financial year.
2. The result is to be added to, or subtracted from (if the percentage was negative), the previous annual registration charge.
3. The result is to be rounded up or down to the nearest whole dollar amount (rounding an amount of 50 cents upwards).
(2) The annual registration charge for semi trailers, B‑double lead trailers and B‑triple lead and middle trailers for the 2010 - 2011 financial year is to be calculated as follows -
1. The relevant amount set out in Table 3 is to be added to the annual registration charge that was payable for the vehicle for the 2009 - 2010 financial year.
2. The result is to be multiplied by the Annual Adjustment Factor percentage determined under Schedule 1 for that period.
3. The result is to be added to, or subtracted from (if the percentage was negative), the amount determined under step 1.
4. The result is to be rounded up or down to the nearest whole dollar amount (rounding an amount of 50 cents upwards).
Table 3
Registration Charge Increments to Apply on 1 July 2010
|
Charge ($) per axle |
|||
|
Tri‑axle group |
Quad‑axle group and above |
||
Trailer type |
|
|
|
|
|
|
25 |
25 |
|
B‑Double lead trailer and B‑triple lead and middle trailers |
|
760 |
810 |
810 |