219What is the dutiable value of a motor vehicle?

219 What is the dutiable value of a motor vehicle? (1) Subject to subsection (2), the ***dutiable value*** of a motor vehicle is— (a) the consideration in money or money's worth given for the acquisition of the vehicle; or (b) the price at which the vehicle might reasonably be sold, free from encumbrances, in the open market— (2) The dutiable value of a motor vehicle that— S. 219(2)(a) amended by No. 6/2010 s. 203(1) (Sch. 6 item 13.3) (as amended by No. 45/2010 s. 22), substituted by No. 63/2017 s. 21(Sch. 1 item 2.1). (a) is a commercial passenger vehicle (within the meaning of the **Commercial Passenger Vehicle Industry Act 2017**); and (b) is specially converted to provide wheelchair access to and egress from the vehicle; and 1. is capable of carrying at least one occupied wheelchair; and (d) has not previously been registered in Victoria or elsewhere— is the value determined in accordance with subsection (1) less $24 000 or such other amount as is prescribed. S. 219(3) inserted by No. 58/2003 s. 17. (3) In determining the dutiable value of a motor vehicle, there is to be no discount for the amount of GST (if any) payable on the supply of the vehicle.