5—Amendment of section 42B—Duty on applications for motor vehicle
registration or transfer of registration
(1) Section
42B(1a)—redesignate subsection (1a) as subsection (1d)
(2) Section
42B(1aa)—delete subsection (1aa) and substitute:
(1a) An applicant for
registration, or transfer of registration, of a motor vehicle must state in
the application the value of the motor vehicle as at the date of the
application.
(1b) If the
Commissioner is not satisfied that the amount stated as the value of a motor
vehicle in an application for registration, or transfer of registration, of
the vehicle reflects the market value of the vehicle, the Commissioner may
cause a valuation of the vehicle to be made by a person appointed by the
Commissioner and may assess the duty payable by reference to the valuation.
(1c) The Commissioner
may, having regard to the merits of the case, charge the whole or part of the
expenses of, or incidental to, the making of a valuation under
subsection (1b) to the person liable to pay the duty and may recover the
amount charged as a debt due to the Crown.
(3) Section
42B(2)—delete "subsection (1a)" and substitute:
subsection (1d)
(4) Section
42B(2a)—delete "The duty paid by any person" and substitute:
The total amount paid (including stamp duty and any registration fee or
premium payable under the Motor Vehicles Act 1959 )
(5) Section
42B—after subsection (2a) insert:
(2b) Section 6 does
not apply in relation to an application to register a motor vehicle or an
application to transfer the registration of a motor vehicle.