31. Sums payable upon transfer of vehicle registration

In addition to the fee payable under rule 30, a fee of 2% of the value of a vehicle shall be payable on every transfer of registration of the vehicle which occurred before 18th February 2012, subject to a minimum fee of $5 in the case of a motor cycle and $20 in the case of any other motor vehicle.

[Deleted by S 125/2006]

The value of the vehicle for the purpose of paragraph (1) shall be determined by the Registrar whose decision shall be final.

Notwithstanding paragraph (1), where the registration of a motor vehicle which has been first registered as a private motor car, a business service passenger vehicle, a private hire car or a taxi using a certificate of entitlement issued on or after 1st April 1995 under rule 3(1)(a) or (b) of the Road Traffic (Motor Vehicles, Quota System) Rules (R 31) is transferred within a period of 6 months from the date of its first registration, there shall be payable, in respect of at least one transfer of registration during that period, a fee equivalent to any positive difference derived by deducting —

the quota premium paid for the certificate of entitlement for the vehicle; from(b)the quota premium as determined by the Registrar to be payable at the time of the transfer of registration for a certificate of entitlement for a motor vehicle of the appropriate cylinder capacity.

The Registrar may, in his discretion and subject to such conditions as he thinks fit, waive any fee payable under paragraph (1) or (4) or both.

In addition to the fee payable under rule 30, a fee of 2% of the value of a vehicle shall be payable on every transfer of registration of the vehicle which occurred before 18th February 2012, subject to a minimum fee of $5 in the case of a motor cycle and $20 in the case of any other motor vehicle.

[Deleted by S 125/2006]

The value of the vehicle for the purpose of paragraph (1) shall be determined by the Registrar whose decision shall be final.

Notwithstanding paragraph (1), where the registration of a motor vehicle which has been first registered as a private motor car, a business service passenger vehicle, a private hire car or a taxi using a certificate of entitlement issued on or after 1st April 1995 under rule 3(1)(a) or (b) of the Road Traffic (Motor Vehicles, Quota System) Rules (R 31) is transferred within a period of 6 months from the date of its first registration, there shall be payable, in respect of at least one transfer of registration during that period, a fee equivalent to any positive difference derived by deducting —

the quota premium paid for the certificate of entitlement for the vehicle; from(b)the quota premium as determined by the Registrar to be payable at the time of the transfer of registration for a certificate of entitlement for a motor vehicle of the appropriate cylinder capacity.

The Registrar may, in his discretion and subject to such conditions as he thinks fit, waive any fee payable under paragraph (1) or (4) or both.