Amendment of
section 4.
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3. Subsection (1) of section 4 of the principal Ordinance is amended by the deletion of paragraphs (c) and (d) and the sub- stitution therefor of the following new paragraphs-
"(c) in the case of a motor vehicle other than a new motor vehicle or a motor vehicle to which para- graph (d) applies-
() if the motor vehick was brought into the Colony not later than fourteen days after it ceased to be a new motor vehicle, the price which as importer would have given for the motor vehicl delivered as a new motor vehicle, freight and insur- ance paid, to the Colony; or
(ii) if the motor vehicle was brought into the Colony later than fourteen days after it ceased to be a new motor vehicle, the price which an importer would have given as aforesaid, less depreciation, at such rate and in such manner as may be prescribed, for the period from the date when the motor vehicle ceased to be a new motor vehicle until the date on which it was brought into the Colony, excluding therefrom any part of a month of less than fifteen days but counting any part of a month of fifteen or more days as the whole month; or
(iii) in either case, where the price which a0 importer would have given as aforesaid cannot be ascertained, the market value (as determined by the || Commissioner) of the vehicle in the Colony at the date on which it was brought into the Colony; or (d) in the case of a motor vehicle which has been used within the Colony for any period prior to first registration, being a motor vehicle which during such period was not required to be registered, and in the case of a motor vehicle in respect of which tax is payable under the provisions of subsection (2) of section 3-
() if the motor vehicle was brought into the Colony in such state and condition as was required for first registration, the price which an importer would, at the time it was brought into the Colony, have given for the vehick delivered as a new motor vehicle, freight and insurance paid, to the Colony less depreciation, at such rate and in such manner as may be prescribed, for the period from the date when the vehicle ceased to be a new motor vehicl
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or from the date when it was brought into the Colony, whichever is the earlier, until the date when it became liable to tax, excluding therefrom any part of a month of less than fifteen days but count- ing any part of a month of fifteen days or more as the whole month; or
(ii) if the motor vehicle was brought into the Colony not in such state and condition as aforesaid, the price which an importer would, at the time it was brought into the Colony, have given for the vehicle delivered, freight and insurance paid, to the Colony, together with the cost of all materials and work necessary to bring the motor vehicle into the state and condition as was then required for first registration, less depreciation, at such rate and in such manner as may be prescribed, for the same period as in specified in sub-paragraph (i); or
(iii) in either case, if the value as aforesaid can- not be ascertained, the market value (as determined by the Commissioner) of the motor vehicle in the Colony at the date when it became liable to tax.".
4. Section & of the principal Ordinance is repealed and replaced by the following new section-
"Refund of tax in certain
cales.
5.
6. (1) Where the registration of a motor vehicle, being a vehicle which was brought into and kept in the Colony for a period or periods not exceed- ing three months, is cancelled on the ground that the vehicle has been sent permanently out of the Colony, the Commissioner shall, on application, certify accord- ingly, and thereupon the tax, if any, paid in respect of that vehicle shall be refunded,
(2) If any motor vehicle, in respect of which the tax has been refunded under subsection (1), is brought back into the Colony, the re-registration thereof shall, for the purposes of this Ordinance, be deemed to be the first registration thereof.",
The principal Ordinance is amended by the addition, after section &, of the following new sections- "Retention
of docti-
ments.
8A. Any invoices or other documents produced to the Commissioner for the purpose of the assess- ment and calculation of the tax payable in respect of any vehicle may be retained by the Commissioner and disposed of as he may think fit.
Repeal and replacement of section 6.
Addition of new sections SA and B.