Australian Capital Territory
Road Transport (Public Passenger Services) Methods of Payment and Maximum Payment Surcharges Declaration and Determination 2016 (No 1)
Disallowable instrument DI2016-197
made under the 
Road Transport (Public Passenger Services) Regulation 2002, section 221K (Methods of payment and maximum payment surcharges)
EXPLANATORY STATEMENT

Section 221K of the Road Transport (Public Passenger Services) Regulation 2002 (the Regulation) provides that the Minister may determine the maximum amounts payable for a payment surcharge.

The determination provides for the circumstances where a taxi is hired and payment is made by a declared payment surcharge, that is, electronic funds transfer.  In that case, the maximum payment surcharge payable is 5 per cent inclusive of GST.  This maximum is consistent with the regulated maximum for similar payments in New South Wales under the Passenger Transport Act 2014 (NSW), and some other Australian jurisdictions.

Surcharges for similar payments for hire car and rideshare services are regulated by the Reserve Bank of Australia and enforced by the Australian Competition and Consumer Commission.

The instrument is in force until it is amended or revoked.