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REGISTRATION TAX & ROAD LICENSE FOR Racing cars Stated Aim: To regularize the position of motor racing enthusiasts. Measure: Reduction in Vehicle Registration Rate for specially equipped racing cars by 6.5% instead of the current rates of between 50.5% and 75%. Naturally, given that these specially equipped cars are not driven on public roads, there will be no payment of road license in their regard. Vintage Cars Stated Aim: To encourage the preservation and restoration of vintage cars for exhibition purposes. Measure: All classic, vintage or authentically veteran vehicles and motorcycles will be subject to new registration tax rates: Vehicles manufactured pre- 1/01/1951: 11% - 16.5% Vehicles manufactured 1/01/1951 - 31/12/1970: 50% of the rate registration; Road licenses for the above vehicles is reduced by half. |
