(1) This regulation applies to the owner of a commercial vehicle of the description specified in the second column of the Second Schedule.

(2) A person who owns a vehicle of a description specified in the second column of the Second Schedule shall, for each year of assessment, pay as tax, the amount fixed in relation to that type of vehicle in the fourth column of that Schedule.

(3) Payment of tax under sub-regulation (2) shall be by quarterly instalment on or before the fifteenth day of January, April, July and October of each year of assessment.

(4) The Commissioner-General shall, upon payment of tax at the office of the Ghana Revenue Authority issue a sticker in acknowledgement of the payment.

(5) Where a person referred to in sub-regulation (2) is a member of an association or occupational group recognised by the Commissioner-General, the Commissioner-General may permit that association or occupational group to pay tax on behalf of its members and be issued stickers to each member upon payment of the appropriate tax by the member to the association or occupational group.

(6) The Commissioner-General may for purposes of sub-regulation (5) issue stickers to any of the organisation or associations referred to in that sub-regulation for resale to its members.

(7) Every driver of a commercial vehicle of the type specified in the second column of the Second Schedule shall display the sticker issued under sub-regulation (4) in respect of each quarter, on the windscreen of that vehicle.

(8) A sticker issued for a quarter of a year is valid only for the quarter to which it relates.

(9) Where a person referred to in sub-regulation (2) is not a member of an association or occupational group, that person shall pay tax quarterly in advance to the Commissioner-General in accordance with sub-regulation (2) and be issued a sticker in accordance with sub-regulation (4).

(10) Tax paid under this regulation by a person does not relieve that person from the obligation to file a return of income under section 124 of the Act but shall be credited against tax assessed to the person in accordance with the Act.

(11) A person who pays tax under this regulation is not required to pay tax by quarterly instalment under subsection (1) of section 121 of the Act.

(12) Where the Commissioner-General is of the opinion at any time that subsection (2) of section 121 of the Act applies to a person who belongs to the class of persons referred to in sub-regulation (2), this regulation shall not apply to that person.

(13) A person referred to in sub-regulation (2) who fails or refuses to pay tax in any quarter in respect of any year of assessment commits an offence and is liable on summary conviction to the penalty specified in paragraph 56 of the Seventh Schedule to the Act, in addition to any other means of enforcement specified under the Act.

(14) A person who drives or permits a person to drive a commercial vehicle of a type specified in the second column of the Second Schedule contrary to sub-regulation (7) commits an offence, and is liable on summary conviction to a fine of not less than fifty penalty units and not more than one hundred penalty units.

(15) For purposes of this regulation, each person shall obtain a Taxpayer Identification Number.