(1)  A certificate or other document issued for the purpose of the Motor Accidents (Liabilities and Compensation) Act 1973 that acknowledges the receipt of a premium paid under that Act in respect of a motor vehicle is a certificate of premium paid notwithstanding that it is also issued for other purposes.

(2)  Duty is chargeable on a certificate of premium paid.

(3)  The amount of duty payable for a certificate of premium paid is –

(a) $20, if the certificate of premium paid is issued in respect of –

(i) the registration of a vehicle for a period of 12 months; or

(ii) a short term unregistered vehicle permit issued under the Vehicle and Traffic Act 1999 ; or

(b) if the certificate of premium paid is issued in respect of the registration of a vehicle for a period of less than 12 months (the registration period ), the following amount:

where –

A is the duty payable for the certificate of premium paid;

B is the number of days in the registration period;

C is the number of days in the 12-month period that commences on the day on which the registration period commences;

D is $20.

(3A)  The person liable to pay the duty in respect of a certificate of premium paid issued in respect of a motor vehicle is the registered operator, of that vehicle, within the meaning of the Motor Accidents (Liabilities and Compensation) Act 1973 .

(4)  The amount of duty payable must be denoted on the certificate of premium paid.

(5)  A certificate of premium paid is not duly stamped until the duty in respect of the certificate has been paid.

(6)  The Motor Accidents Insurance Board or its agent is to –

(a) furnish to the Commissioner any returns required with regard to the certificates of premium paid issued; and

(b) pay duty received in respect of certificates of premium paid to the Commissioner in any manner and at any time notified by the Commissioner.