Singapore legislation
Regulation 24BA
Regulation 24BA
Additional levy payable to extend term of certificates of entitlement for taxis which are electric cars registered before 15 September 2022
Subregulation 1
The owner of a taxi (other than a replacement taxi) which is an electric car registered before 15 September 2022 may apply in writing to the Authority before that date, or a later date that the Registrar may allow, to use or keep the taxi for 10 years.
Subregulation 2
Where an application is made under paragraph (1), an additional levy is payable by the owner before 15 October 2022, or a later date that the Authority may allow, for the extension of the certificate of entitlement of the taxi.
Subregulation 3
The additional levy is the difference between the average of the quota premiums payable for certificates of entitlement in relation to the category of vehicle specified in rule 3(1)(a) issued during the 3 months immediately preceding the registration of the taxi and the quota premium paid under paragraph (1)(bb) of the First Schedule when the taxi was registered.
Subregulation 4
The owner of a replacement taxi which is an electric car registered before 15 September 2022 may apply in writing to the Authority before that date, or a later date that the Registrar may allow, to use or keep the taxi for 10 years.
Subregulation 5
Where an application is made under paragraph (4), an additional levy is payable by the owner before 15 October 2022, or a later date that the Authority may allow, for the extension of the certificate of entitlement of the replacement taxi.
Subregulation 6
The additional levy is the difference between the average of the quota premiums payable for certificates of entitlement in relation to the category of vehicle specified in rule 3(1)(a) issued during the 3 months immediately before the restoration of the certificate of entitlement of the replacement taxi and the levy paid under paragraph (1)(ba) of the First Schedule when the replacement taxi was registered.
Subregulation 7
For the purposes of paragraphs (3) and (6), the average of the quota premiums payable for certificates of entitlement for any month in relation to a category of vehicle is calculated in accordance with paragraph (2) of the First Schedule.
Subregulation 8
Where payment or part payment of the additional levy is made in a form other than by cash, nothing in this rule requires the Registrar to extend the term of the certificate of entitlement until the payment has been honoured or otherwise effected.