Victorian Numbered Regulations Victorian Numbered Regulations(1) The estimated total amount of the road user charge ( FR ) is to be calculated in accordance with this clause.
(2) First, the following formula is to be applied—
where—
TFU is the total fuel use by heavy vehicles in litres determined by adding together the estimated annual fuel use shown in the most recent annual report of the National Transport Commission for each category of heavy vehicle;
RUC is the road user charge rate (expressed in dollars) for the previous year that applied under section 43-10 of the Fuel Tax Act 2006 of the Commonwealth, or if more than one rate applied in that year, the last rate that applied in that year.
(3) Second, the amount determined under subclause (2) is to be divided by 1 000 000.
(4) Third, the amount determined under subclause (3) is to be rounded up or down to 2 decimal places (rounding an amount of 0∙005 upwards).
(5) The result is the estimated total amount of the road user charge.
(6) In this clause—
"most recent annual report "of the National Transport Commission means the last annual report of the Commission that was tabled in each House of the Parliament of the Commonwealth before the start of the relevant year;
"previous year "means the financial year that immediately preceded the relevant year;
"relevant year "means the financial year for which the annual adjustment factor is being calculated.