Contributions payable by Registrar of Motor Vehicles
77L Contributions payable by Registrar of Motor Vehicles
The Registrar of Motor Vehicles, for the financial year commencing on 1 July 2000 and for each subsequent financial year, must contribute the prescribed amount towards the operating costs of brigades, being operating costs that are included in the Commission's estimates for the relevant financial year and approved by the Minister.
The Registrar of Motor Vehicles shall, at least monthly, pay to the Commission one-twelfth of the prescribed amount that he is required to contribute under subsection (1).
For the purposes of this section, the prescribed amount means an amount calculated in accordance with the following formula:where – I is the rounded indexed amount;V is the total number of motor vehicles (other than motor cycles) in respect of which, during the relevant financial year, fees for registration or renewal of registration under the Vehicle and Traffic Act 1999 and the regulations made under that Act, if any, have been paid.
For the purposes of this section – Consumer Price Index means the Consumer Price Index: All Groups Index for Hobart published by the Australian Statistician under the authority of the Census and Statistics Act 1905 of the Commonwealth;December quarter, in relation to a financial year, means the months of October, November and December in that financial year; indexed amount– for the financial year commencing on 1 July 1995 – is the indexed amount calculated in accordance with this section as in force immediately before the commencement of the Fire Service Reform Act 1995; and for a subsequent financial year – is the amount that bears the same proportion to the indexed amount for the financial year immediately preceding that subsequent financial year as the Consumer Price Index for the December quarter immediately preceding that subsequent financial year bears to the Consumer Price Index for the December quarter before that; rounded indexed amount, in relation to a financial year, means – where the indexed amount for that financial year is an amount that is a number of dollars only, that indexed amount; or where the indexed amount for that financial year is an amount containing dollars and a number of cents, the indexed amount rounded to the nearest dollar in accordance with subsection (5).
An amount which is dollars and a number of cents is rounded to the nearest dollar by – where the number of cents is 50 or more, increasing that amount to the next whole dollar; or where the number of cents is less than 50, taking those cents off that amount.
This provision refers to the regulations (prescribed amount
). Made under this Act:
This Act’s bill:Explanatory notesSecond reading speech
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