Singapore legislation
Regulation 27
of Road Traffic (Motor Vehicles, Registration and Licensing) Rules
Regulation 27
Transfer of business service passenger vehicle
Subregulation 1
Subject to paragraph (2), a motor car which is registered as a business service passenger vehicle shall not be transferred to and registered in the name of an individual for use as a private motor car.
Subregulation 2
Paragraph (1) shall not prohibit the transfer to an individual of a motor car which is registered in the name of —
a firm or a company which has repossessed the motor car under a hire-purchase agreement or any other financing arrangement for the purpose of selling that motor car or letting it to another hirer under another agreement or arrangement;
a firm or a company which deals in secondhand motor vehicles and has bought the motor car for the purpose of resale; and
an insurer registered under the Insurance Act (Cap. 142) which has taken over a registered vehicle from an insured under a policy of insurance for the purpose of settlement of an insurance claim.
Subregulation 3
Any individual who is prohibited under paragraph (1) from having a business service passenger vehicle transferred to and registered in his name as a private motor car and who keeps or is in possession of the vehicle for more than 7 days after purchasing it shall be guilty of an offence.
Subregulation 4
Paragraph (1) shall not apply to the transfer of any motor car effected on or after 1st April 1998 or to the registration of any motor car using a certificate of entitlement issued on or after 1st April 1998.