4. The principal Act is amended by inserting, immediately after section 10, the following section:
—(1) No vehicle shall be registered or continue to be registered under this Act unless there is in force a permit issued by the Registrar authorising the registration of the vehicle.
(2) Except as otherwise provided by this Act or the rules, a permit shall be issued upon the payment of a levy.
(3) The Minister may from time to time, by notification in the Gazette, prescribe a limit on the number of permits to be issued by the Registrar under subsection (1) and the Minister may prescribe different limits for vehicles belonging to any category, class or description.
(4) The Minister may make rules for carrying out or giving effect to this section and, without prejudice to the generality of this provision, the rules may —
provide for the issue of permits under this section to successful applicants who submitted bids for the permits;
require fees and deposits to be paid for the submission of applications for the issue of permits under this section, and provide for the forfeiture of deposits for non-compliance with any conditions governing the submission of such applications;
prescribe the levy, or the method or manner for determining the amount of the levy, payable for a permit issued under this section;
prescribe the period for which a permit issued under this section is in force and different periods may be prescribed for vehicles belonging to different categories, classes or descriptions;
prescribe the conditions upon which permits are issued under this section;
provide for the cancellation of a permit issued under this section and the refund of all or part of the levy paid for the issue of the permit in such circumstances as may be permitted by the rules;
impose a levy on the transfer of a permit at any time prior to the registration of a vehicle authorised by the permit;
provide for the issue of permits, whether with or without the payment of a levy, for vehicles which were registered under this Act prior to the commencement of the Road Traffic (Amendment) Act 1990;
exempt any particular vehicle or class of vehicles from the payment of the levy for a permit issued under this section; and
provide for all matters which are required or permitted to be prescribed or which are necessary or convenient to be prescribed for carrying out or giving effect to this section.”.