AUSTRALIAN CAPITAL TERRITORY

ROAD TRANSPORT (GENERAL) (REGISTRATION FEES) DETERMINATION 2002

EXPLANATORY STATEMENT
DI 2002-52
This instrument has the effect of determining fees, payable in advance, for transactions relating to vehicle registration under the Road Transport (Vehicle Registration) Regulations 2000.  

The main changes in this determination are those that apply to heavy vehicles (gross vehicle mass over 4.5 tonnes).  Amendments were made this year to the Road Transport Charges (Australian Capital Territory) Act 1993 (the Act) that ensure that adjustments to heavy vehicle charges occur automatically from 1 July 2002.  The annual adjustment formula for heavy vehicle charges resulted in an adjustment factor of 5.64%.  However, the Act limits the maximum increase in heavy vehicle charges to a “ceiling” of underlying inflation (CPI adjusted to remove the impact of changes to the tax system).  Since the adjustment factor was greater than the CPI adjustment factor of 3.2%, the CPI adjustment factor has been applied the previous charges.  

Most administration charges have risen by the CPI.  Inspection fees are currently under review and are unchanged.