sec.91Term of registration if overpayment or underpayment of registration-related amount and any surcharge

sec.91 Term of registration if overpayment or underpayment of registration-related amount and any surcharge

This section applies if— a renewal application for a dealer plate is not accompanied by an insurance certificate mentioned in section 86 (b) (iii) ; and the applicant overpays or underpays the total of the following amounts— the registration-related amount for the renewal; a surcharge payable for processing the application under section 90 (4) . The chief executive may renew the registration for a term adjusted in proportion to the amount paid after deducting— the surcharge; and if an administrative fee stated in schedule 4 , part 4 is payable for the renewal—the administrative fee. However, if the amount paid is more than $1 below what the total of the registration-related amount and the surcharge would be if a CTP insurance premium, payable under section 86 (b) (iii) in relation to the renewal for 6 months, was the lowest premium set by a CTP insurer for a CTP insurance policy, the chief executive— must not renew the dealer plate’s registration under subsection (2) ; and must refund the amount paid to the applicant. Also, if the amount paid is, on a proportionate basis, more than the registration-related amount for the renewal that would be payable if the registration were to be renewed for 14 months, the chief executive— may only renew the registration for 14 months; and must refund the difference between the amount paid and the registration-related amount for the 14-month renewal to the applicant. If the term of registration would, other than for this subsection, not be a whole number of days, the chief executive must— round the term down to the nearest whole day; and credit the difference between the amount paid and the total of the registration-related amount for the renewal and any surcharge payable for the renewal to the applicant. The chief executive must— if subsection (3) applies—notify the applicant that the amount paid is being refunded because it is below the minimum amount required to enable renewal of registration; or otherwise—make available to the applicant a notice stating— the term of registration for the dealer plate; and if subsection (4) or (5) applies—the reason for any amount refunded or credited to the applicant. (sec.91-ssec.1) This section applies if— a renewal application for a dealer plate is not accompanied by an insurance certificate mentioned in section 86 (b) (iii) ; and the applicant overpays or underpays the total of the following amounts— the registration-related amount for the renewal; a surcharge payable for processing the application under section 90 (4) . (sec.91-ssec.2) The chief executive may renew the registration for a term adjusted in proportion to the amount paid after deducting— the surcharge; and if an administrative fee stated in schedule 4 , part 4 is payable for the renewal—the administrative fee. (sec.91-ssec.3) However, if the amount paid is more than $1 below what the total of the registration-related amount and the surcharge would be if a CTP insurance premium, payable under section 86 (b) (iii) in relation to the renewal for 6 months, was the lowest premium set by a CTP insurer for a CTP insurance policy, the chief executive— must not renew the dealer plate’s registration under subsection (2) ; and must refund the amount paid to the applicant. (sec.91-ssec.4) Also, if the amount paid is, on a proportionate basis, more than the registration-related amount for the renewal that would be payable if the registration were to be renewed for 14 months, the chief executive— may only renew the registration for 14 months; and must refund the difference between the amount paid and the registration-related amount for the 14-month renewal to the applicant. (sec.91-ssec.5) If the term of registration would, other than for this subsection, not be a whole number of days, the chief executive must— round the term down to the nearest whole day; and credit the difference between the amount paid and the total of the registration-related amount for the renewal and any surcharge payable for the renewal to the applicant. (sec.91-ssec.6) The chief executive must— if subsection (3) applies—notify the applicant that the amount paid is being refunded because it is below the minimum amount required to enable renewal of registration; or otherwise—make available to the applicant a notice stating— the term of registration for the dealer plate; and if subsection (4) or (5) applies—the reason for any amount refunded or credited to the applicant.