Issue or renewal of certificates of entitlement for classic vehicles
24A.—(1)  Where —
(a)any person intends to apply for the issuance of a certificate of entitlement for the purpose of being registered as the owner of a classic vehicle;
(b)any person intends to apply for a renewal of a certificate of entitlement in respect of a motor vehicle for the purpose of re-registering that motor vehicle as a classic vehicle under rule 69 of the Road Traffic (Motor Vehicles, Registration and Licensing) Rules; or
(c)any person intends to apply for a renewal of the certificate of entitlement in respect of his classic vehicle,
that person may make an application to the Registrar for the issuance or renewal of a certificate of entitlement, as the case may be, for a period of 10 years.
[S 366/2012 wef 01/08/2012]
(1AA)  The Registrar may, subject to such conditions as he thinks fit, issue or renew a certificate of entitlement for a period of 10 years, commencing from the date of the issuance or renewal, as the case may be, or such other date as the Registrar may specify.
[S 366/2012 wef 01/08/2012]
(1AB)  Every application for the issue of a certificate of entitlement under paragraph (1)(a) shall be accompanied by the levy specified in the First Schedule.
[S 366/2012 wef 01/08/2012]
(1AC)  Every application for the renewal of a certificate of entitlement under paragraph (1)(b) or (c) may be made before its expiration, or at any time not exceeding one month after its expiration, or such further period exceeding one month after its expiration as the Registrar may allow, and shall be accompanied by —
(a)the levy specified in the First Schedule; and
(b)the fee specified in the Second Schedule —
(i)where the application is made more than 14 days after the expiration of a certificate of entitlement that expires before 15th April 2002; or
(ii)where the application is made after the expiration of a certificate of entitlement that expires on or after 15th April 2002.
[S 366/2012 wef 01/08/2012]
(1A)  Where payment or part payment of any fee or levy referred to in paragraph (1AC)(a) or (b) is made in a form other than by cash, nothing in this rule shall require the Registrar to renew a certificate of entitlement until the payment has been honoured or otherwise effected.
[S 124/2006 wef 27/02/2006]
[S 366/2012 wef 01/08/2012]
(1B)  For the purposes of this rule, where —
(a)an application has been made to renew a certificate of entitlement;
(b)payment or part payment of any fee or levy referred to in paragraph (1AC)(a) or (b) is made in a form other than by cash; and
[S 124/2006 wef 27/02/2006]
[S 366/2012 wef 01/08/2012]
(c)the payment is subsequently dishonoured or otherwise not effected,
[S 124/2006 wef 27/02/2006]
an administrative fee of $20 shall be payable in respect of the application.
[S 464/2004 wef 02/08/2004]
(1C)  The Registrar may waive, in whole or in part, the fee payable under paragraph (1AC)(b) or (1B).
[S 464/2004 wef 02/08/2004]
[S 366/2012 wef 01/08/2012]
(1D)  A certificate of entitlement which has been issued in respect of a classic vehicle and is renewed before its expiry shall not have any residual value in respect of the period between the date of its renewal and the date on which it would otherwise expire.
[S 366/2012 wef 01/08/2012]
(2)  Notwithstanding paragraph (1D), the residual value of the certificate of entitlement referred to in paragraph (1)(b), in respect of the period between the date of its renewal under paragraph (1)(b) and the date on which it would otherwise expire, may be set off against the levy and the fee payable under paragraph (1AC).
[S 366/2012 wef 01/08/2012]
(3)  Where a certificate of entitlement has been renewed pursuant to an application under paragraph (1)(b), the Registrar shall, upon the application of the holder of the certificate of entitlement, issue to him a notice setting out the residual value, if any, of the certificate of entitlement.
[S 366/2012 wef 01/08/2012]
(4)  Notwithstanding paragraph (1D) but subject to rule 25, where a certificate of entitlement is renewed pursuant to an application under paragraph (1)(b) before its expiration, the residual value of the certificate of entitlement shall not be refunded to the holder of the certificate of entitlement, but, upon application by the holder thereof to the Registrar, shall, for a period of 12 months from the date of the cancellation or within such further period as the Registrar may approve, be available to the applicant to be set off against —
(a)any quota premium payable by him for another certificate of entitlement issued in respect of another motor vehicle;
(b)any levy payable by him for renewing or restoring the certificate of entitlement in respect of another motor vehicle;
[S 525/2003 wef 17/11/2003]
(c)any fee payable by him under rule 6 or 7 of the Road Traffic (Motor Vehicles, Registration and Licensing) Rules (R 5) in connection with the registration or re-registration of another motor vehicle;
[S 525/2003 wef 17/11/2003]
(d)any additional quota premium payable by him under rule 24B for the extension of a certificate of entitlement for a taxi (other than a replacement taxi); and
[S 525/2003 wef 17/11/2003]
(e)any additional levy payable by him under rule 24B for the restoration of a certificate of entitlement for a replacement taxi.
[S 525/2003 wef 17/11/2003]
[S 366/2012 wef 01/08/2012]
(5)  In granting an application under paragraph (1) or (4), the Registrar may impose such conditions as he thinks fit.
[S 366/2012 wef 01/08/2012]
(6)  The Registrar may, upon application and the payment of a fee of $10 and subject to such conditions as he may impose, allow the residual value mentioned in paragraph (4) to be transferred to such person as the holder may nominate in writing and to be used or further transferred for the benefit of the person nominated as if he were the holder.
(7)  No fee shall be payable under paragraph (6) if the person nominated is concurrently nominated under rule 8(5) of the Road Traffic (Motor Vehicles, Registration and Licensing) Rules (R 5).
(8)  Subject to paragraph (14), the residual value of a renewed certificate of entitlement for the purposes of paragraph (4) shall be an amount determined in accordance with the following formula:
where A is the quota premium paid for the certificate of entitlement;
B is the period reckoned in months commencing from the date the certificate of entitlement was issued until the date on which it would otherwise expire;
C is the period reckoned in months commencing from the date the certificate of entitlement was issued until the date of its renewal upon an application under paragraph (1)(b).
[S 366/2012 wef 01/08/2012]
(9)  A person who holds the residual value of any certificate of entitlement may apply to the Registrar for the whole amount of the residual value to be divided into such smaller portions as the applicant may require and may use each such portion for the payment of any quota premium, levy, fee, additional quota premium or additional levy referred to in paragraph (4) or transfer any such portion of the rebate to any person under paragraph (6).
(10)  A person who holds the residual values of the certificates of entitlement in respect of 2 or more vehicles may apply to the Registrar for the residual values of such certificates of entitlement to be used collectively for the payment of any quota premium, levy, fee, additional quota premium or additional levy referred to in paragraph (4), or any combination thereof.
(11)  The Registrar may approve an application under paragraph (9) or (10) subject to such conditions as he thinks fit.
(12)  The Registrar shall, upon approving an application under paragraph (9), issue to the applicant a new certificate of entitlement in respect of each portion into which the residual value of the certificate of entitlement has been divided.
(13)  The new certificates of entitlement issued under paragraph (12) shall be in replacement of the certificate of entitlement referred to in paragraph (3).
(14)  A fee of $10 shall be payable in respect of each portion into which the residual value of a certificate of entitlement is to be divided under paragraph (9).
(15)  Where a motor vehicle has been declared non-user under rule 53 of the Road Traffic (Motor Vehicles, Registration and Licensing) Rules (R 5), the residual value of a renewed certificate of entitlement for the purposes of paragraph (4) shall be the sum of the amount, if any, determined in accordance with the formula in paragraph (8) and an amount determined in accordance with the following formula:
where A and B have the same meanings as in paragraph (8);
D is the period of non-user or, where there is more than one period of non-user, the sum of all the periods of non-user, reckoned in months and any fraction of a month shall be disregarded in determining the length of each period of non-user.
(16)  [Deleted by S 525/2003 wef 17/11/2003][S 311/2000 wef 01/07/2000]