18Refund of charge on cancellation or surrender

18 Refund of charge on cancellation or surrender

If the registration of a motor vehicle or trailer is cancelled or surrendered the Commonwealth must refund to the owner an amount worked out using the formula: Image unavailable in extracted text where:

A is the amount of charge payable in respect of the registration of the motor vehicle or trailer;

B is the number of whole days in the period commencing on the cancellation or surrender and ending at the time when the registration would, apart from the cancellation or surrender, have expired; and

C is the number of whole days in the period that is applicable to the registration under subsection 9(3).