15.—(1) The person to whom a certificate of entitlement is issued in respect of a motor vehicle shall pay the quota premium to the Registrar not later than the date of registration of the motor vehicle.
(2) Any deposit paid by a successful applicant under rule 7(2) shall be available to be set off against the quota premium or any tax or fee payable by him or any person to whom he has transferred the certificate of entitlement under rule 19.
[S 174/99 wef 01/04/1999]
(3) If there is any excess after such set off, the excess may be refunded to the applicant upon an application made by him to the Registrar in such form as the Registrar may require.