goto onemotoring website for better detail CNA only get half
right.
here is the detail from l t a offical site
Enhancements To The Off-Peak Car (OPC)
Scheme
1. The Land Transport
Authority (LTA) is pleased to announce that it has completed its
review of the Off-Peak Car (OPC) scheme and will be implementing
the following three initiatives to enhance the OPC
scheme:
(a) e-Day Licence to replace
the current paper licence, which offers greater flexibility with
more channels for purchase and post usage payment;
(b) Revisions to the OPC scheme to allow unrestricted usage on
Saturdays and on the eves of 5 public holidays; and
(c) Cash Rebates for conversion of normal cars to the new OPC
scheme of up to $1,100 for every six months' registration as an
OPC.
2. These new initiatives
follow Minister for Transport Mr Raymond Lim's announcement on 12
February 2009 that the LTA would study how to make the OPC scheme
more convenient and attractive so as to encourage more car owners
to opt into the scheme. These enhancements are the result of
extensive consultations with various groups, including existing OPC
owners.
e-Day
Licence
3. From 23 November 2009, the
electronic day licence (e-Day Licence) will replace the existing
paper supplementary licence when the OPC is used during the
restricted hours.
4. The new e-Day Licences can
be bought online at the ONE.MOTORING portal, AXS stations and using
mobile-SMS service, in addition to Singapore Post outlets and
Automobile Association of Singapore (AAS) offices. The new channels
of purchase give OPC users the added flexibility of making
purchases anytime between 6am and midnight daily.
5. Besides the benefits of
extended hours and more alternative channels of purchase, motorists
now have the option of buying the e-Day Licence after using the OPC
during restricted hours, as long as they do so before 2359 hours
the next day. Currently, the paper licence must be purchased before
the use of the vehicle. Please refer to Annex
A for the implementation details.
6. With the e-Day
Licence, OPC drivers no longer need to be inconvenienced by LTA's
enforcement officers stopping their vehicles to check for a valid
paper licence. LTA's enforcement officers will instead note down
the vehicle registration number of the OPC and subsequently verify
against the system records if a valid e-Day Licence had been
purchased for the car for that day.
7. LTA will be sending to all
existing OPC owners a notification letter and an accompanying
guide
bookwww.onemotoring.com.sg from 1
September 2009. on the e-Day Licence system
sometime in September 2009. Information on the e-Day Licence system
will also be made available on the
portal
Revised OPC
Scheme
8. The existing OPC scheme is
such that owners of OPCs will have to display a supplementary
licence (or purchase an e-Day Licence come 23 Nov 2009) if they
wish to drive their OPC between 7am and 3pm on
Saturdays,
9. By end January 2010, the OPC scheme
will be revised to allow unrestricted usage on Saturdays and the
eves of 5 public holidays, namely, New Year, Lunar New Year, Hari
Raya Puasa, Deepavali and Christmas. Existing OPC owners can choose
to opt into this revised scheme to enjoy the extended hours in
exchange for reduced tax discounts and an administrative fee of
$100.
10. With the extended usage,
the annual road tax discount will be correspondingly reduced from
$800 to $500. The minimum annual road tax will be $70, instead of
$50 under the existing OPC scheme. This means that existing OPC
owners who opt for the revised OPC scheme will have their annual
road tax discounts reduced by between $20 and $300. This is because
the tax concessions given to OPC owners were computed taking into
consideration the restricted usage periods. The removal of Saturday
restrictions and 5 public holiday eves will have to be accompanied
by corresponding adjustments to the tax concessions.
Cash Rebates for
Conversion to Revised OPC Scheme
11. At present, a person who
registers a new car as an OPC enjoys an up-front tax rebate of up
to $17,000. However, if a person converts his normal car into an
OPC, he does not get any refund of the taxes paid. Instead, he
receives an additional Preferential Additional Registration Fee
(PARF) rebate of $2,200 per year, which is paid as a lump sum only
upon de-registration of the car provided it is
PARF-eligible.
12. By end January 2010,
instead of waiting until their cars are deregistered, owners of
normal cars who convert to the revised OPC Scheme will enjoy a cash
rebate of up to $1,100 for every 6 months' of registration as an
OPC, until the car reaches 10 years old. The car must be kept as an
OPC for at least 6 months after its conversion, except in cases of
de-registration or when the OPC reaches the age of 10
years.
13. More details on the
revised OPC and Cash Rebates Schemes will be made available nearer
the implementation date. LTA is currently finalising the
implementation details and upgrading the backend system.
About the Off-Peak Car
(OPC) Scheme
The OPC scheme replaced the
Weekend Car scheme from 1 October 1994. It helps to alleviate peak
hour traffic and offers an alternative and a lower-cost means for
people to own cars, if they use their vehicles during off-peak
periods.
The OPC scheme fits into LTA's
overall objectives to better manage congestion on our roads,
particularly during the peak periods. At the end of 2005, there
were only about 5,000 OPCs. Today, there are about 45,500 OPCs, a
nine-fold increase over a 3-year period. OPCs currently make up
about 8 percent of the car population in Singapore.