92AConcession for duty on registration of electric motor vehicle

92A Concession for duty on registration of electric motor vehicle (1) This section applies in relation to the issue of a certificate of registration for an electric motor vehicle during the period commencing on 1 July 2022 and ending on 30 June 2027. (2) When determining the amount of duty payable in relation to the issue of a certificate of registration under section 57 for an electric motor vehicle, the first $50 000 of the dutiable value of the electric motor vehicle is exempt from duty. (3) Section 61 does not apply to this section. (4) Despite subsection (2), the amount of the exemption that may be claimed under this section is limited to a maximum of $1 500. electric motor vehicle means a motor vehicle that: (a) uses an electric motor for propulsion, whether or not it is also fitted with an internal combustion engine; and (b) takes and stores energy from an external source of electricity; and (c) is not equipped with a fuel cell for converting hydrogen to electricity. Note for subsection (5) This includes vehicles that operate only with an electric motor as well as plug-in hybrid electric vehicles.