10 June 2022 - NW1849
Hunsinger, Mr CH to ask the Minister of Transport
What is the total amount determined by the Road Traffic Management Corporation for vehicle registration transaction fees, as part of the payable licence fees, which applied in (a) 2020, (b) 2021 and (c) 2022?
Since the RTMC is on the accrual basis, the below table outlines the opening balance for the respective periods, transaction fees billed to the provinces as well as the actual transaction fees paid over by the respective provinces to the RTMC.
It is important to note that transaction fees due to the RTMC is exclusively applicable to vehicle licence disc renewals. On a continuous basis, the RTMC shows an under collection on transaction fees. Provinces have indicated that this is due to municipalities not paying over all the funds to them and in turn the province not paying the full amount to the Corporation. Even though the recovery rate of the transaction fees have improved, there are still provinces that maintains a unremitting growth in the amount owed to the Corporation.