Licence duties on motor vehicles

1) There shall be charged, levied and paid to the  Licensing Authority of the area in which any motor vehicle or trailer is kept for use on a road, annual licence duties at the rates specified in the First Schedule.

(1) There shall be paid over to a Local Authority, for the purposes of that Local Authority, all moneys which the Local Authority is entitled to collect, arising or accruing from the issue of licences within the geographical area of the Local Authority, under the provisions of any enactment, unless the enactment otherwise provides. 

(1) Subject to subsection (3), there shall be paid out of the Parochial Revenue Fund to each Municipal Corporation, not later than the last day in each month in respect of amounts received by the Fund as property tax and licence duties in the preceding month, an amount equivalent to – 

...2. (b)  twenty-five percent of the amount paid into the Fund, in respect of the amount paid in the relevant parish as licence duties on motor vehicles