(a) ad valorem duty chargeable on an instrument under the repealed Act was
paid; and
(b) the duty was worked out by including the value of a vehicle;
and
(c) an application to register or transfer the vehicle is made on or
after the commencement day.
(2) Section 384(2) and (3) apply for reducing the
vehicle registration duty assessed under section 382(2) as if—
(a) factor DP
were a reference to the stamp duty paid under the repealed Act; and
(b)
factor DVDP were the value of the property on which the ad valorem duty was
paid under the repealed Act, schedule 1, paragraph 4(a) under the heading
‘Conveyance or transfer’; and
(c) factor MVV were a reference to the
value of the vehicle or the part the value of the vehicle used to calculate
the duty paid under the repealed Act.
