213Application and source of funds

1. The purpose of the Motor Vehicle Account is to—

2. finance entitlements provided under this Act in respect of motor vehicle injuries; and
3. finance the cost of programmes to improve the safety of moped and motorcycle riders from the levy referred to in subsection (2)(d).

4. The funds for the Motor Vehicle Account are to be derived from—

5. levies to be paid by every person registered under Part 17 of the Land Transport Act 1998 in respect of a motor vehicle; and
6. levies to be paid by every person who holds a trade plate issued under section 262(3) of that Act; and
7. a levy to be paid in accordance with section 214(4); and
8. the prescribed Motorcycle Safety levy; and
9. premiums payable under Part 11 that relate to motor vehicle injuries.

10. The levy payable under subsection (2)(c) is payable—

11. on any fuel (or any category of fuel) specified in the Excise and Excise-equivalent Duties Table (as defined in section 5(1) of the Customs and Excise Act 2018) that is prescribed by regulations made under this Act; or
12. in the absence of regulations for the time being in force for the purpose of paragraph (a), on any motor spirit in respect of which excise duty or excise-equivalent duty is for the time being payable under the Customs and Excise Act 2018.

13. Repealed

14. The funds in the Motor Vehicle Account must be applied to meet the costs of—

15. entitlements in respect of persons who have cover for personal injury that is a motor vehicle injury; and
16. entitlements that are required to be provided in accordance with Part 11 in respect of persons whose entitlements would have been provided from the Motor Vehicle Account under the Accident Insurance Act 1998; and
17. claims that would have been provided from the Motor Vehicle Account under the Accident Rehabilitation and Compensation Insurance Act 1992; and
18. administering the Account; and
19. any other expenditure authorised by this Act.

20. To avoid doubt,—

21. subsection (1)(b) does not limit or affect section 263; and
22. section 263 (except section 263(3)(b)) applies to the programmes referred to in subsection (1)(b) as if the references to measures in section 263 were references to the programmes.

23. Regulations made under this Act may prescribe, in relation to a prescribed period, a portion of the levies (except the Motorcycle Safety levy) to provide for or, to the extent that it is necessary, to provide separately for,—

24. the purposes of subsection (5)(a), (b), (c), and (d):
25. the purposes of subsection (5)(ba), (c), and (d).