s 203
In forceMeaning of dutiable value—pt 9.1
Chapter 9Motor vehicle registration
Part 9.1Imposition and rates of duty
203 Meaning of dutiable value—pt 9.1
In this part:
dutiable value, of a motor vehicle, means the greater of the following amounts, less any premium paid for extended warranty insurance:
(a)
the consideration in money (or money’s worth) given for the acquisition of the vehicle;
(b)
the market value of the vehicle at the time duty is payable.
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