Changes to COE: CNA he Certificate of Entitlement system has been refined to include a new criterion for Category A cars . Under the change, the engine power of Cat A cars should not exceed ( amend here ) 97 kilowatts. This is equivalent to about 130 brake horsepower. The Land Transport Authority says engine capacity of cars under Cat A which should not exceed 1600 ( amend here ) cubic centimetres will be retained. There will be no surcharge on multiple car ownership. This is in view of concerns over its effectiveness and possible impact on larger households. LTA said the fundamental principles of the COE framework remain sound . To keep pace with market trends and technological improvements LTA will review the criteria every few years and consider if adjustments are necessary. To give car buyers and industry lead time to adjust the change will only be implemented from the February 2014 first open bidding exercise.
Posted on: Mon, 09 Sep 2013 07:57:04 +0000