120Concessional registration fees for registration and renewal of registration

120 Concessional registration fees for registration and renewal of registration (1) A concessional fee for registration or renewal of registration applies to a vehicle of a category referred to in Schedule 2. (2) Schedule 2 has effect. (3) If a motor vehicle is not to be used except for social, domestic or pleasure purposes and— (a) the vehicle is registered or to be registered in the name of a person who on the day of payment of the fee for registration or at the commencement of the period of registration, whichever is earlier, is an eligible beneficiary or the spouse or domestic partner of an eligible beneficiary; and (b) the provisions of this subregulation are not, at the commencement of the period of registration, being applied to— (i) any other motor vehicle registered in the name of the applicant; or (ii) if the applicant is not an eligible beneficiary, any motor vehicle registered in the name of the applicant or the applicant's spouse or domestic partner— the fee to be paid for registration or renewal of registration of the vehicle is 50% of the fee that would otherwise be payable under section 9(2) of the Act. Reg. 120A inserted by S.R. No. 67/2023 reg. 9.