Department of Transport Annual Report 2010 - 2011

41. Special purpose accounts
Deposits
88
2011
$ 000
2010
$ 000
Opening balance 1 812 1 614
Receipts:
Deposits - Keys 15 13
Deposits - Bonds 1 173 304
Deposits - Motor Dealer’s Licences 104 6
Deposits - Buyback MPT Plates 71 3
Interest 17 28
1 380 354
Payments:
Refunds - Keys ( 6) ( 5)
Refunds - Bonds ( 711) ( 86)
Refunds - Motor Dealer’s Licences ( 94) -
Refunds - Buyback MPT Plates ( 82) ( 65)
( 893) ( 156)
Closing balance 2 299 1 812
This Account holds deposits for the issue of keys to boat owners to access the
harbour pens, performance bonds, motor vehicle dealer plates and Multi Purpose
Taxi Plate deposits. These monies are held in a private trustee capacity, and in
accordance with Treasurer’s Instruction 1101A Financial Reporting by Departments
are only reported in these notes to the financial statements.
Off-road Vehicles Account
2011
$ 000
2010
$ 000
Opening balance 231 235
Receipts:
Licence and plate fees 33 34
33 34
Payments:
Grants and subsidies - ( 38)
- ( 38)
Closing balance 264 231
This Account holds monies collected for the registration of vehicles under the Control
of Vehicles (Off-road areas) Act and to provide funds to meet the expenses of the
Department in connection with administration of the Act pursuant to section 43(2)
of the Act.