Singapore legislation
Regulation 14
Regulation 14
Amount of quota premium
Subregulation 1
Subject to paragraph (2), the quota premium payable for a certificate of entitlement that is issued for a motor vehicle in any category of vehicle during any quota period specified in the public notice as a closed bidding period shall be —
an amount equal to the lowest proposal amount expressed in the successful applications for certificates of entitlement issued during that quota period in relation to that category of vehicle;
double the amount calculated in accordance with sub-paragraph (a) if the person to whom the certificate of entitlement is issued applies to register the motor vehicle as a business service passenger vehicle;
one-third of the amount calculated in accordance with sub-paragraph (a) if the motor vehicle is a motor cycle and the certificate of entitlement is issued before 8 May 2017 for a motor vehicle within the open category; or (d)[Deleted by S 740/2022 wef 15/09/2022](e)70% of the amount calculated in accordance with sub-paragraph (a) if the motor vehicle is a private hire car registered using a certificate of entitlement issued before 1st April 1998.
Subregulation 1A
The quota premium payable for a certificate of entitlement that is issued for a motor vehicle in any category of vehicle during any quota period specified in the public notice as an open bidding period shall be —
the lower of either —
the amount equal to the sum of $1 and the highest unsuccessful proposal amount expressed in the applications for certificates of entitlement lodged during the open bidding period in relation to that category of vehicle; or
the amount equal to the lowest proposal amount expressed in the successful application for certificates of entitlement issued during the open bidding period in relation to that category of vehicle;
one-third of the amount calculated in accordance with sub-paragraph (a) if the motor vehicle is a motor cycle and the certificate of entitlement is issued before 8 May 2017 for a motor vehicle within the open category; or (c)[Deleted by S 426/2003 wef 01/09/2003](d)[Deleted by S 740/2022 wef 15/09/2022](e)70% of the amount calculated in accordance with sub-paragraph (a) if the motor vehicle is a private hire car registered using a certificate of entitlement issued before 1st April 1998.
Subregulation 1B
Where an exemption granted under the Road Traffic (Diplomatic and Consular Privileges) (Exemption) Order 2006 (G.N. No. S 506/2006) in respect of a motor vehicle has ceased to apply, the Registrar may, on the application by any person and subject to such conditions as the Registrar thinks fit, issue a certificate of entitlement in respect of the motor vehicle for a period of 5, 6, 7, 8, 9 or 10 years.
Subregulation 1C
The quota premium payable for any certificate of entitlement issued under paragraph (1B) for the period of 5, 6, 7, 8, 9 or 10 years shall be 50%, 60%, 70%, 80%, 90% or 100%, respectively, of the amount calculated in accordance with paragraph (1A)(a).
Subregulation 1D
Where the Registrar has issued a certificate of entitlement under paragraph (1B) in respect of a motor vehicle for a period of 5, 6, 7, 8 or 9 years, the certificate of entitlement for that motor vehicle shall not be further renewed.
Subregulation 2
Where a certificate of entitlement is used for the registration of a motor vehicle as an off-peak car under the Road Traffic (Motor Vehicles, Registration and Licensing) Rules (R 5), the Registrar shall grant to the holder of the certificate a rebate of the whole or part of the quota premium paid for the certificate under paragraph (1), which rebate shall be determined in accordance with the following formula:where T is equal to the sum of A, B and C, if the sum of A, B and C does not exceed the maximum rebate or, otherwise, the amount of the maximum rebate;A is the amount of customs duties paid in respect of the motor vehicle under the Customs (Duties) Order (Cap. 70, O 4);B is the quota premium payable under paragraph (1) for the certificate of entitlement for the motor vehicle;C is the net additional registration fee as prescribed in rule 9(4) of the Road Traffic (Motor Vehicles, Registration and Licensing) Rules.
Subregulation 3
For the purposes of paragraph (2), “maximum rebate” means the maximum rebate prescribed in rule 9(4) of the Road Traffic (Motor Vehicles, Registration and Licensing) Rules.
Subregulation 4
Paragraph (1)(b) shall not apply to a business service passenger vehicle registered using a certificate of entitlement issued on or after 1st April 1998.