PREFERENTIAL ADDITIONAL REGISTRATION FEE (Incentive to deregister cars earlier than 10 years old)

Parliament of Singapore · 31 July 1992 · 8th Parliament

Official Report, 31 July 1992, Vol 60, Issue 2 · Open in the reader (summaries, search, filters)

Mah Bow TanWang Kai Yuen
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Dr Wang Kai Yuen asked the Minister for Communications whether he will consider graduating the Preferential Additional Registration Fee benefit to provide an incentive to a car owner to deregister his car at an earlier age than ten years in order to enjoy a higher PARF value for his car.

Mr Mah Bow Tan: Mr Speaker, Sir, I find the Member's suggestion on the graduated PARF Scheme an interesting one. My Ministry will look into this. We could take it up together with the ongoing review of the Vehicle Quota System.

Source: Singapore Parliament Official Report (Hansard) for 31 July 1992. Republished on SGParliament.