INCREASING THE NUMBER OF 'GREEN' CARS

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SINGAPORE - To encourage test-bedding of clean technologies, green vehicles brought in here can enjoy the waiver of Additional Registration Fees, Certificate of Entitlement and custom duties for six years - an extension from the current two years.

The Transport Technology Innovation Development Scheme will also be enhanced to allow up to 1,300 vehicles, up from the current quota of 300. The total amount of tax waived is estimated to be about $75 million.

Imported used green vehicles will also get to enjoy the Green Vehicle Rebate, which grants a 40-per-cent cut in the main car tax. Currently, only brand new green vehicles qualify for the rebate, but the scope will be extended from July.

However, the extension of the rebate will not be applicable to imported used Compressed Natural Gas (CNG) vehicles and vehicles which are required to be brand new at the point of registration, such as taxis.

More details will be released by the National Environment Agency and the Land Transport Authority next month.

Singapore Environment Council executive director Howard Shaw welcomed the move to allow imported used green vehicles here as returning Singaporeans and expatriates could bring their green vehicles for use here. "Overall, it is a small development in the scheme of greening private cars but it will increase the number of green cars on the roads," he said. Leong Wee Keat

From TODAY, Tuesday, 23-Feb-2010

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