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Key Benefits:
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Key Benefits:
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where
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T
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is equal to the sum of A, B and C, if the sum of A, B and C does not exceed the maximum rebate or, otherwise, the amount of the maximum rebate;
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A
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is the amount of excise duties paid in respect of the motor car under the Customs (Duties) Order (O 4);
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B
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is the quota premium payable under rule 13(1) of the Road Traffic (Motor Vehicles, Quota System) Rules (Cap. 276, R 31) for the certificate of entitlement of the motor car; and
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C
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is the net additional registration fee as prescribed in rule 8(3) of the Road Traffic (Motor Vehicles, Registration and Licensing) Rules.
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LEGISLATIVE HISTORY
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This Legislative History is provided for the convenience of users of the Customs (Rebate on Motor Cars) Order. It is not part of this Order.
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1.
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Date of operation
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25 March 1992
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2.
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G. N. No. S 622/2000—Customs Duties (Rebate on Motor Cars) (Amendment) Order 2000
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Date of commencement
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1 January 2001
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3.
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G. N. No. S 165/1991—Customs (Rebate on Motor Cars) Order 1991
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Date of commencement
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30 September 2002
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4.
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Date of operation
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30 September 2002
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