The NZ Transport Agency has announced that starting 1 July 2019, there will be a rate increase on RUC (Road User Charges) rates by approximately 5.5% on all RUC applicable vehicles.
The rate increase is part of the Governments policy statement on land transport 2018. This is the second of three planned increases to RUC rates, the third increase will happen in 2020.
Heavy RUC licences bought before the 1 July 2019 are required to be re purchased within one month of the rate increase under section 86 of the Road Users Charges Act 2012. This means all Heavy RUC licences (only for heavy vehicles) bought before 1 July 2019 will now expire on 1 August 2019.
Those affected by the Heavy RUC licence changes must purchase a new RUC licence before 1 August 2019, starting from their current hubodometer reading. They must buy enough RUC to take them past their current RUC licence end distance. They call this an overlap licence.
ORIX NZ can assist our clients in purchasing the overlap licence, please contact your dedicated Account Manager on 0800 106 749 with a list of all registrations required.