3. No licence to manufacture under section 63(1) of the Act shall be required by —
(a)
any person who manufactures an exempt vehicle by assembly from component parts;
(b)
any person who manufactures an exempt vehicle by modification of a motor vehicle in completely built-up condition from component parts;
(c)
any person who manufactures a military vehicle for the use of the Singapore Armed Forces by assembly from component parts or by modification of a motor vehicle in completely built-up condition from component parts;
(d)
any educational institution that manufactures a motor vehicle for academic purposes by assembly from component parts or by modification of a motor vehicle in completely built-up condition from component parts;
(e)
any person who, using component parts, modifies a motor vehicle in completely built-up condition through the installation or removal of seats, in such manner that effects a change in tariff classification into a dutiable motor vehicle; and
(f)
any person who, using component parts, modifies a motor vehicle in completely built-up condition if the modification —
(i)
does not effect any change in tariff classification; and
(ii)
is performed where the motor vehicle is deposited and kept, without the payment of excise duty and goods and services tax, by virtue of holding in a warehouse licensed under section 51 of the Act or in a free trade zone under the Free Trade Zones Act (Cap. 114), and the provisions of section 37 of the Goods and Services Tax Act (Cap. 117A).