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ROAD SAFETY (DRIVERS) AND (VEHICLES) AMENDMENT (FEES) REGULATIONS 2016 (SR NO 50 OF 2016) - REG 22

Final calculation

    (1)     Calculate the RABC using the following formula—

16-050sr04.jpg

where—

    PRABC     is the Revised Adjusted Base Cost derived in calculating the annual adjustment factor in the previous financial year;

    RABC     is the Revised Adjusted Base Cost;

    BCAF     is the Base Cost Adjustment Factor calculated in accordance with clause 21.

    (2)     The result is the RABC for the relevant year.



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