sec.537Reduction in vehicle registration duty

### sec.537 Reduction in vehicle registration duty Subsection (2) applies if— ad valorem duty chargeable on an instrument under the repealed Act was paid; and the duty was worked out by including the value of a vehicle; and an application to register or transfer the vehicle is made on or after the commencement day. Section 384(2) and (3) apply for reducing the vehicle registration duty assessed under section 382(2) as if— factor DP were a reference to the stamp duty paid under the repealed Act; and factor DVDP were the value of the property on which the ad valorem duty was paid under the repealed Act, schedule 1, paragraph 4(a) under the heading ‘Conveyance or transfer’; and factor MVV were a reference to the value of the vehicle or the part the value of the vehicle used to calculate the duty paid under the repealed Act. s 537 amd 2004 No. 18 s 32 (sec.537-ssec.1) Subsection (2) applies if— ad valorem duty chargeable on an instrument under the repealed Act was paid; and the duty was worked out by including the value of a vehicle; and an application to register or transfer the vehicle is made on or after the commencement day. (sec.537-ssec.2) Section 384(2) and (3) apply for reducing the vehicle registration duty assessed under section 382(2) as if— factor DP were a reference to the stamp duty paid under the repealed Act; and factor DVDP were the value of the property on which the ad valorem duty was paid under the repealed Act, schedule 1, paragraph 4(a) under the heading ‘Conveyance or transfer’; and factor MVV were a reference to the value of the vehicle or the part the value of the vehicle used to calculate the duty paid under the repealed Act. - (a) ad valorem duty chargeable on an instrument under the repealed Act was paid; and - (b) the duty was worked out by including the value of a vehicle; and - (c) an application to register or transfer the vehicle is made on or after the commencement day. - (a) factor DP were a reference to the stamp duty paid under the repealed Act; and - (b) factor DVDP were the value of the property on which the ad valorem duty was paid under the repealed Act, schedule 1, paragraph 4(a) under the heading ‘Conveyance or transfer’; and - (c) factor MVV were a reference to the value of the vehicle or the part the value of the vehicle used to calculate the duty paid under the repealed Act.