sec.395Reassessment of vehicle registration duty

### sec.395 Reassessment of vehicle registration duty This section applies if the commissioner is satisfied that— after an application to register or transfer a vehicle is made, the vehicle is repossessed from a person because it was stolen before it was acquired by the person; or vehicle registration duty was paid for an application to register or transfer a vehicle and the transaction is cancelled within 3 months after the application is made. On application made by the person who paid the vehicle registration duty on the application to register or transfer the vehicle, the commissioner must make a reassessment of the duty paid as if it were exempt from vehicle registration duty. An application under subsection (2) must be made within 1 year after the application to register or transfer the vehicle was made. (sec.395-ssec.1) This section applies if the commissioner is satisfied that— after an application to register or transfer a vehicle is made, the vehicle is repossessed from a person because it was stolen before it was acquired by the person; or vehicle registration duty was paid for an application to register or transfer a vehicle and the transaction is cancelled within 3 months after the application is made. (sec.395-ssec.2) On application made by the person who paid the vehicle registration duty on the application to register or transfer the vehicle, the commissioner must make a reassessment of the duty paid as if it were exempt from vehicle registration duty. (sec.395-ssec.3) An application under subsection (2) must be made within 1 year after the application to register or transfer the vehicle was made. - (a) after an application to register or transfer a vehicle is made, the vehicle is repossessed from a person because it was stolen before it was acquired by the person; or - (b) vehicle registration duty was paid for an application to register or transfer a vehicle and the transaction is cancelled within 3 months after the application is made.