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Conversion of off-peak car in respect of which certificate of entitlement has been issued under rule 3(1)(f)

Road Traffic (Motor Vehicles, Quota System) Rules

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—(1) The registered owner of an off-peak car in respect of which a certificate of entitlement has been issued under rule 3(1)(f) may re-register the off-peak car as a private motor car under rule 33(5) of the Road Traffic (Motor Vehicles, Registration and Licensing) Rules (R 5) if —(a)where the re-registration takes place before 1st October 1994, he obtains, in accordance with these Rules, a certificate of entitlement for a motor vehicle in a category referred to in rule 3(1)(a), (b) or (e) as appropriate to the cylinder capacity of the motor vehicle; and(b)where the re-registration takes place on or after 1st October 1994, he pays to the Registrar a conversion charge which shall be computed according to the following formula:where Ais the rebate referred to in rule 9(3) of the Road Traffic (Motor Vehicles, Registration and Licensing) Rules granted to the owner of the motor vehicle at the time of its registration as an off-peak car;Bis the amount of any positive difference derived by deducting —(i)the quota premium paid for the certificate of entitlement issued under rule 3(1)(f); from(ii)the quota premium which would have been payable for a certificate of entitlement for a motor vehicle of the appropriate cylinder capacity which was issued at the same time as the certificate of entitlement issued under rule 3(1)(f);Cis the period reckoned in months (including any parting part of a month) for which the motor vehicle has been registered in Singapore at the time of the re-registration.(2) The certificate of entitlement which was issued under rule 3(1)(f) in respect of an off-peak car which was first registered before 9th April 2001 shall, upon the re-registration of the off-peak car as a private motor car under paragraph (1)(a), be surrendered to the Registrar.(3) A certificate of entitlement obtained for the purpose of re-registering an off-peak car as a private motor car under paragraph (1)(a) shall be in force for 10 years from the date of its issue.(4) This rule shall not apply to a motor car which was registered as an off-peak car pursuant to rule 23.(5) No off-peak car in respect of which a certificate of entitlement has been issued under rule 3(1)(f) may be re-registered as a private motor car after 30th September 1997 and before 2nd October 2000.

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