103Duration of registration of motor vehicle or trailer

103 Duration of registration of motor vehicle or trailer (1) The registration of a motor vehicle or trailer remains in force for the period (the registration period) mentioned in subsection (2) unless it is cancelled or suspended. (2) The registration period for a motor vehicle or trailer is: (a) for a motor vehicle or trailer of a class prescribed by regulation (a prescribed class) – either: (i) the maximum period prescribed by regulation (the prescribed period) for that prescribed class; or (ii) any shorter period decided by the Registrar under subsection (5); or (b) for any other motor vehicle or trailer – either: (i) 12 months; or (ii) any shorter period decided by the Registrar under subsection (5). Motor Vehicles Act 1949 93 (3) For the registration of a motor vehicle or trailer for the first time under this Act, the registration period for the motor vehicle or trailer commences on the day on which registration is granted. (4) For the renewal of the registration of a motor vehicle or trailer, the renewed registration period for the motor vehicle or trailer commences on: (a) if the renewal is granted on or before the date on which the previous registration period for the motor vehicle or trailer expires – the day immediately after the date on which the previous registration period expired; or (b) if the renewal is granted after the date on which the previous registration period for the motor vehicle or trailer expires – the day on which the renewal of the registration is granted. (5) On an application for the registration or renewal of the registration of a motor vehicle or trailer, the Registrar may register the motor vehicle or trailer for a period that is shorter than the period mentioned in subsection (2)(a)(i) or (b)(i) if: (a) the applicant requests that the vehicle or trailer be registered for the shorter period by specifying the period in the application; or (b) the Registrar considers it appropriate to register the motor vehicle or trailer for the shorter period. (6) If the Registrar decides to register a motor vehicle or trailer for a shorter period under subsection (5), the amount of: (a) the fee required to be paid under section 13 is to be calculated as a pro rata amount of the prescribed fee payable in respect of the period mentioned in subsection (2)(a)(i) or (b)(i); and (b) the compensation contributions required to be paid under