77LContributions payable by Registrar of Motor Vehicles

77L Contributions payable by Registrar of Motor Vehicles

[Section 77L Inserted by No. 12 of 1981, s. 17 ]

(1)  [Section 77L Subsection (1) amended by No. 90 of 1999, Sched. 1, Applied:14 Aug 2000] [Section 77L Subsection (1) amended by No. 90 of 1999, Sched. 1, Applied:14 Aug 2000] *[Section 77L Subsection (1) amended by No. 3 of 1990, s. 10 ]**[Section 77L Subsection (1) substituted by No. 29 of 1995, s. 66 ]*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.

(2)  [Section 77L Subsection (2) amended by No. 90 of 1999, Sched. 1, Applied:14 Aug 2000] [Section 77L Subsection (2) amended by No. 90 of 1999, Sched. 1, Applied:14 Aug 2000] [Section 77L Subsection (2) amended by No. 90 of 1999, Sched. 1, Applied:14 Aug 2000] *[Section 77L Subsection (2) renumbered by No. 3 of 1990, s. 10 ]**[Section 77L Subsection amended by No. 81 of 1994, s. 4 ]*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) .

(3)  *[Section 77L Subsection (3) inserted by No. 3 of 1990, s. 10 ]*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;

[Section 77L Subsection (3) amended by No. 90 of 1999, Sched. 1, Applied:14 Aug 2000] 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 and the regulations made under that Act, if any, have been paid.