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Rebate for secondhand off-peak car registered on or after 1st July 2010

Road Traffic (Motor Vehicles, Registration and Licensing) Rules

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—(1) Where a secondhand vehicle is registered on or after 1st July 2010 as an off-peak car (referred to in this rule as a “new scheme off-peak car”), the registered owner of the new scheme off‑peak car shall —(a)for the initial period of 6 consecutive months, beginning from the date of the registration (referred to in this rule as the “eligibility period”), during which the vehicle continues to be a new scheme off-peak car; and(b)for each subsequent period of 6 consecutive months or part thereof (referred to in this rule as the “rebate period”) during which the vehicle continues to be a new scheme off‑peak car after the eligibility period,be entitled to a rebate of $1,100 or of an amount calculated in accordance with the formula set out in paragraph (2), whichever is the lower.(2) The formula to be applied for the purposes of paragraph (1) shall be as follows:where Ais the period (in months) during the eligibility period or any rebate period (as the case may be) for which the vehicle continues to be a new scheme off-peak car;Bis the quota premium payable under the Road Traffic (Motor Vehicles, Quota System) Rules (R 31) for a certificate of entitlement in respect of the vehicle;Cis the fee payable under rule 7 in respect of the vehicle (excluding the additional sum of $10,000 referred to in rule 7(1A));Dis the rebate granted by the Registrar under rule 9A, 9B, 9C or 10 in respect of the vehicle; andEis the conversion premium payable to the Registrar under rule 9B(9)(b) in respect of any application made to him under rule 9B(8) (if applicable).(3) The Registrar shall pay the rebate provided for under paragraph (1) to the registered owner of a new scheme off-peak car at the end of the eligibility period or each rebate period, as the case may be, except that —(a)if within the eligibility period or any rebate period the new scheme off-peak car attains the age of 10 years or is de‑registered, the rebate for that period shall be payable to the registered owner of the vehicle on a pro-rata basis upon the happening of the event;(b)if within the eligibility period or any rebate period the new scheme off-peak car is —(i)reported as having been lost through theft or criminal breach of trust; or(ii)seized by any authority under any written law,the Registrar may, upon the expiry of that period and subject to such conditions as the Registrar thinks fit to impose, pay to the registered owner of the vehicle the rebate that has accrued in respect of that part of that period before the vehicle was reported lost or seized;(c)if within the eligibility period the new scheme off‑peak car is re-registered as a private motor car or a business service passenger vehicle, no rebate shall be payable to the registered owner of the vehicle in respect of that period;(d)if within any rebate period the new scheme off-peak car is re-registered as a private motor car or a business service passenger vehicle, the rebate for that period shall be payable to the registered owner of the vehicle on a pro‑rata basis upon the happening of the event; and(e)if within the eligibility period or any rebate period the new scheme off-peak car is declared non-user under rule 53, the rebate for that period shall be payable to the registered owner of the vehicle on a pro-rata basis (discounting any period of non-user) at the expiry of that period.(4) If the vehicle referred to in paragraph (3)(b) is recovered or released (as the case may be) and the registered owner of the vehicle takes out a licence in respect of the vehicle under rule 38, the Registrar shall —(a)where the eligibility period or rebate period within which the vehicle was reported lost or seized has elapsed, pay to the registered owner of the vehicle the amount of the rebate that is payable in respect of that part of that period within which the vehicle is reported lost or seized upon the taking out of the licence under rule 38; or(b)where the eligibility period or rebate period within which the vehicle was reported lost or seized has not elapsed, pay to the registered owner of the vehicle the amount of the rebate provided for under paragraph (1) at the end of that period.(5) The Registrar may refuse to make any payment of any rebate provided for under this rule to the registered owner of any new scheme off-peak car unless the Registrar is satisfied that all fees and taxes which are payable in respect of that vehicle under Part I of the Act or these Rules have been paid.(6) Where a new scheme off-peak car is reported lost through theft or criminal breach of trust or is seized by any authority under any written law, the registered owner of the new scheme off‑peak car shall, within 7 days after the loss or seizure, inform the Registrar in writing of such loss or seizure.(7) Where the Registrar has paid to the registered owner of a new scheme off-peak car who has failed to comply with paragraph (6) any rebate under this rule which such registered owner would not have been entitled to on account of the loss or seizure of the vehicle, the Registrar may, by notice in writing, require such registered owner to refund the Registrar for the amount that has been paid to him within such time as may be specified in the notice.(8) Any registered owner of a new scheme off-peak car who fails, without reasonable excuse, to comply with paragraph (6) or with any notice issued to him by the Registrar under paragraph (7) shall be guilty of an offence.

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