(1) A commercial hire business shall be registered under this Part if, in any month, the total amount of the hiring charges received in the month exceeds $6,000.
(2) An application for registration shall be made within 21 days after the end of the month in which the amount received in hiring charges first exceeds $6,000.
Penalty:
(a) in the case of a natural person—50 penalty units;
(b) in the case of a body corporate—250 penalty units.