16.—(1) Subject to these Rules, a certificate of entitlement shall be in force from the date of its issue until —
(a)
in the case of a taxi, the taxi —
(i)
becomes 8 years old if the taxi has been registered before 1st September 2003 and —
(A)
its registered owner applies in writing to the Authority to use or keep the taxi for 8 years; and
(B)
an additional quota premium or additional levy, as the case may be, in respect of the taxi has been paid under rule 24B; or
(iii)
becomes 8 years old if the taxi is registered on or after 1st September 2003;
(b)
in the case where a certificate of entitlement is issued under rule 14(1B), the expiry of the period of 5, 6, 7, 8, 9 or 10 years, as the case may be, from the date of issue of the certificate of entitlement;
[S 137/2008 wef 24/03/2008]
(c)
in any other case, the motor vehicle becomes 10 years old.
[S 426/2003 wef 01/09/2003]
(1A) A certificate of entitlement issued in respect of a PU-registered vehicle in the circumstances referred to in rule 13(1)(b) shall, unless otherwise specified by the Registrar, be deemed to have been in force for a period of 10 years with effect from the date of registration of that vehicle as a PU-registered vehicle.