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YourGuidetoOPCScheme PDF
YourGuidetoOPCScheme PDF
Normal Car
Car originally
converted
New car registered
Normal Car Normal Car to an OPC
New car registered under OPC
converted converted to under old
registered as under the scheme, then
to the OPC the revised scheme then
an OPC revised converted to
scheme scheme converted to
scheme the revised
the revised
scheme
scheme
Upfront rebate1 √ √
1. An Upfront rebate of up to $17,000 on the Quota Premium (QP) for the except in cases of deregistration or when the OPC under the revised OPC
Certificate of Entitlement (COE) and the Additional Registration Fee (ARF). scheme reaches the age of 10 years, to enjoy the cash rebate. No OPC cash
rebate will be given for the period when the car is laid up.
2. $2,200 additional PARF rebate per year that the car remains as a converted
OPC under the OPC scheme. 4. A one-time payment of the accumulated additional PARF rebate is granted at
point of conversion of the car to the revised OPC scheme. This one-time cash
3. Up to $1,100 OPC cash rebate for every six months the car is registered as
payment will be used to offset the $100 administrative fee, as well as any road
a revised OPC until the car reaches 10 years old. The car must be kept as an
tax payable, and any balance will be refunded to the registered owner.
OPC under the revised OPC scheme for at least six months after its conversion,
6 | Your Guide to Off-Peak Car Scheme Your Guide to Off-Peak Car Scheme | 7
*
Weekend Car
8 | Your Guide to Off-Peak Car Scheme
Buying your
e-Day Licence
When buying an e-Day Licence, you need to have:
• The OPC / revised OPC / WEC registration number; and
• The ID type and number of the registered vehicle owner
(e.g. NRIC for Singaporeans, Singapore PRs and Malaysians,
ACRA number for companies, etc).
Yes (with
MobileP@y Service at 74729 Yes Yes Yes Yes
date)
Automobile Association of
Yes Yes* Yes* Yes* No
Singapore (AAS)
LTA Hotline: 1800–CALL LTA
No No No No Yes
(1800–2255 582)
^
NRIC (for Singaporean, Singapore Permanent Resident and Malaysian)
or passport (for foreigner other than Malaysian).
16 | Your Guide to Off-Peak Car Scheme
Note:
(a) Accumulated additional PARF rebate (if any) will be used to offset the
administrative fee as well as any road tax payable at the point of conversion.
The remaining additional PARF rebate (if any) will be granted to the owner
within 1 month upon successful conversion.
(b) Once the OPC is converted to the revised OPC scheme, it cannot be converted
back to the OPC scheme.
Preferential Additional
Registration Fee (PARF)
benefit of an OPC /
revised OPC
A. For cars originally registered as OPCs /
revised OPCs
If you deregister your PARF-eligible car before it reaches 10
years old, you are entitled to a PARF rebate based on its
age at deregistration:
PARF Rebate
* PARF rebate as stated or what the owner had paid as ARF at the
point of registration, whichever is lower.
22 | Your Guide to Off-Peak Car Scheme Your Guide to Off-Peak Car Scheme | 23
B. For normal cars converted to OPC The six-monthly OPC cash rebate will be computed as
scheme before 25 January 2010 follows:-
On top of the PARF benefit, you may also enjoy an {QP (Bid Cat) +
additional PARF benefit, which is computed as follows:- [(Additional Registration Fee rate x
Open Market Value) - Actual Green Rebate]} * x $1,100
$17,000
Life-span as Converted OPC $2,200
x
(in months and days) 12 where:
QP (Bid Cat) is the actual Quota Premium paid at
Subject to PARF-eligibility of the OPC, this additional PARF registration
benefit will be paid out only upon deregistration of the OPC.
Actual Green Rebate is the actual green rebate utilised at
registration (if applicable)
C. For normal cars converted to OPCs
under the revised OPC scheme on and * Amount capped at $17,000
after 25 January 2010 Note:
The above formula applies only for a full 6-month cash rebate period. Adjustments will
On top of the PARF benefit, you may be granted an OPC be made for any pro-rated cash rebate period, e.g. due to lay-up, deregistration, etc.
cash rebate of up to $1,100 for every six months of
registration as an OPC under the revised OPC scheme, No OPC cash rebate will be given for the period when the
until the car is 10 years old. The car must be kept as an car is laid-up.
OPC under the revised OPC scheme for at least six months
after its conversion, except in cases of deregistration or
when the revised OPC is 10 years old, to enjoy the OPC
cash rebate.
24 | Your Guide to Off-Peak Car Scheme Your Guide to Off-Peak Car Scheme | 25
In addition, you may be granted an OPC cash rebate of • 249 Jalan Boon Lay 6261 6178
up to $1,100 for every six months of registration as an OPC STA Inspection
• 302 Sin Ming Road 6452 1398
under the revised OPC scheme, until the car reaches 10 Pte Ltd
• 2E Ayer Rajah Crescent* 6476 0988
years old (Please refer to Part C of the section before for the
computation of the six-monthly OPC cash rebate). • 511 Bukit Batok Street 23
• 20 Changi North Crescent
The car must be kept as an OPC under the revised OPC VICOM Ltd • 23 Kaki Bukit Avenue 4 6458 4555
scheme for at least six months after its conversion, unless • 385 Sin Ming Drive
the car is deregistered or when the revised OPC reaches • 501 Yishun Industrial Park A
the age of 10 years, to enjoy the OPC cash rebate.
No OPC cash rebate will be given for the period when the
car is laid-up.