(1)  A person must pay a levy for the registration, or renewal of registration, of a vehicle if –

(a) the person applies, in the prescribed period, for registration of the vehicle; or

(b) the person applies for the renewal of registration of the vehicle and that renewal falls due in the prescribed period.

(2)  The road safety levy is payable to the Registrar on an application of a kind referred to in subregulation (1) .

(3)  If a person applies to register, or renew the registration of, a vehicle for a registration period of 12 months, the road safety levy is –

(a) $20 if the person is not an eligible pensioner; or

(b) $12 if the person is an eligible pensioner.

(4)  If a person applies to register, or renew the registration of, a vehicle for a period of more or less than 12 months, the road safety levy is an amount calculated in accordance with the following formula:

where –

A is the amount of the road safety levy;

A1 is the amount of the road safety levy payable in respect of the registration, or renewal of registration, of the vehicle for a registration period of 12 months;

B is the number of days in the period for which the vehicle is to be registered.