Transport (Road Passenger Services) Act 2018

In this Division, net loss, in relation to conventional taxi plates and MPT plates, means the plate purchase amount of the plates less the sum of the following —

$355 multiplied by the number of weeks between the date of purchase of the plates and 31 December 2015;

$225 multiplied by the number of weeks the taxi plates were owned between 1 January 2016 and 2 November 2017;

the amount of any adjustment assistance grant paid in relation to the taxi plates under the Taxi Act 1994 Part 3A.

In this Division, net loss, in relation to area restricted plates, means the plate purchase amount of the plates less the sum of the following —

$142 multiplied by the number of weeks between the date of purchase of the plates and 31 December 2015;

$90 multiplied by the number of weeks the taxi plates were owned between 1 January 2016 and 2 November 2017;

the amount of any adjustment assistance grant paid in relation to the taxi plates under the Taxi Act 1994 Part 3A.

In this Division, net loss, in relation to peak period plates, means the plate purchase amount of the plates less the sum of the following —

$100 multiplied by the number of weeks between the date of purchase of the plates and 31 December 2015;

$63 multiplied by the number of weeks the taxi plates were owned between 1 January 2016 and 2 November 2017;

the amount of any adjustment assistance grant paid in relation to the taxi plates under the Taxi Act 1994 Part 3A.