(1)  If the Registrar is satisfied by statutory declaration or otherwise that –

(a) the registered operator of a truck with a GVM not exceeding 4.5 tonnes is a pensioner; and

(b) the registered operator does not intend to use the truck, or allow it to be used, for the purposes of a trade or business –

the Registrar may grant a rebate of 40% of the motor tax that would, but for this subregulation, be payable in respect of the truck.

(2)  Unless the Registrar otherwise determines, if a pensioner is the registered operator of more than one truck, the rebate under subregulation (1) may only be granted in respect of one of those trucks.

(3)  If during a period for which a rebate is granted under this regulation –

(a) the registered operator of the truck ceases to be a pensioner; or

(b) the registered operator changes so that a person who is not a pensioner becomes the registered operator of the truck; or

(c) the truck is used or let on hire for the purposes of a trade or business –

the entitlement to the rebate ceases.

(4)  If the entitlement to the rebate ceases, the registered operator of the truck must, within 14 days –

(a) give the Registrar written notice of the cessation of the entitlement; and

(b) if the Registrar so requires, pay to the Registrar a proportion of the rebate calculated in accordance with subregulation (5) .

Penalty:  Fine not exceeding 10 penalty units.

(5)  The amount to be paid to the Registrar is to be calculated in accordance with the following formula:

where –

A is the amount to be paid;

N is the number of days remaining of the period for which the rebate was granted at the time the entitlement ceased;

D is the number of days in the period for which motor tax was paid; and

R is the amount of the rebate.