Singapore legislation

Regulation 9

of Road Traffic (Motor Vehicles, Registration and Licensing) Rules

Regulation 9

Rebate for off-peak car

Subregulation 1

Subject to rule 8, a person who desires to purchase a vehicle which will be registered as an off-peak car may apply to the Registrar for a rebate on —

(a)

the fee payable under rule 7; and

(b)

the quota premium payable under the Road Traffic (Motor Vehicles, Quota System) Rules (R 31) for a certificate of entitlement,in respect of the new vehicle at the time of its registration.

Subregulation 2

In granting an application under paragraph (1), the Registrar may impose such conditions as he thinks fit.

Subregulation 3

The Registrar may, subject to paragraph (6), grant a rebate of the whole or part of the additional registration fee for an off-peak car registered with a certificate of entitlement issued before 4th May 2002 which shall be determined in accordance with the following formula:where Tis equal to the sum of A, B and C, if the sum of A, B and C does not exceed the appropriate maximum rebate specified in paragraph (5) or, otherwise, the amount of the appropriate maximum rebate specified in that paragraph;Ais the amount of customs duties paid in respect of the motor car under the Customs (Duties) Order (Cap. 70, O 4);Bis the quota premium payable under rule 14(1) of the Road Traffic (Motor Vehicles, Quota System) Rules for the certificate of entitlement of the motor car; andCis the net additional registration fee.

Subregulation 4

The Registrar may, in his discretion, grant a rebate, not exceeding $17,000, of the whole or part of —

(a)

the additional registration fee; and

(b)

the quota premium payable under the Road Traffic (Motor Vehicles, Quota System) Rules for a certificate of entitlement,for an off-peak car registered with a certificate of entitlement issued on or after 4th May 2002.

Subregulation 5

For the purposes of paragraph (3) —

(a)

the maximum rebate shall be —

(i)

in the case of an off-peak car in respect of which a category (f) certificate of entitlement has been issued, $15,000; and

(ii)

in any other case, $17,000;

(b)

the net additional registration fee shall be an amount equal to 70% of the value of the motor car determined by the Registrar under rule 7(3) if the motor car is registered using a certificate of entitlement issued before 1st April 1998; and

(c)

the net additional registration fee shall be an amount equal to 60% of the value of the motor car determined by the Registrar under rule 7(3) if the motor car is registered using a certificate of entitlement issued on or after 1st April 1998.

Subregulation 6

The Registrar may, on or after 1st October 1994, grant to the holder of a category (f) certificate of entitlement the rebate granted under paragraph (3) for an off-peak car in respect of which a certificate of entitlement other than a category (f) certificate of entitlement has been issued if the holder of the certificate pays to the Registrar a sum of an amount equivalent to any positive difference derived by deducting —

(a)

the quota premium paid under the Road Traffic (Motor Vehicles, Quota System) Rules for the category (f) certificate of entitlement; from(b)the quota premium which would have been payable under the Road Traffic (Motor Vehicles, Quota System) Rules for a certificate of entitlement for a motor vehicle of the appropriate cylinder capacity which was issued at the same time as the category (f) certificate of entitlement.