After a motor vehicle is more than five model years old, that part of the registration fee which is based on the value of the vehicle shall be:
Seventy-five percent of the rate as fixed when new;
After a motor vehicle is more than six model years old, fifty percent;
After a motor vehicle is more than eight model years old, that part of the registration fee based on the value of the vehicle shall be ten percent. Where the ninth registration fee for a motor vehicle has been computed and fixed by the department prior to July 4, 1949, there shall be added to the registration fee, in lieu of the ten percent provided for herein, one dollar if such registration fee has been computed and fixed at fifteen dollars or less and two dollars if the registration fee has been computed and fixed at more than fifteen dollars.
[SS15, § 1571-m7; C24, 27, 31, 35, § 4910; C39, § 5008.09; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 321.113]
82 Acts, ch 1062, § 15, 38
Referred to in § 331.557
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