COEs for Different Types of Motorcycles

Debated in Parliament on 12 Feb 2015.

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Mr. Zainal Sapari asked about motorcycle registration statistics by license class, the feasibility of separating the motorcycle COE category, and allowing unlimited five-year COE renewals to ease ownership costs.
The Parliamentary Secretary provided figures showing that Class 2B licenses accounted for 65% of annual motorcycle registrations in 2013-2014, followed by Class 2 licenses at 23% and Class 2A at 14%.
The government opposes splitting the motorcycle COE category further, as it would reduce quotas in each sub-category and cause price volatility.
Unlimited five-year COE renewals are not supported because they would reduce COE availability from deregistrations, disadvantaging prospective buyers.
The current separate motorcycle COE category was established to prevent competition with other vehicles, and the administration aims to maintain market stability.

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Full Transcript

Zainal Sapari

Mr Zainal Sapari asked the Minister for Transport (a) what are the average number and percentage of motorcycles that were registered under the different classes of motorcycle licences in 2013 and 2014; (b) whether the Certificate of Entitlement (COE) for motorcycles can be separated according to the different classes of motorcycle licences; and (c) if he will consider allowing motorcycle owners to opt for an unlimited five-year COE renewal to help lower income families better manage the cost of owning motorcycles.

The Parliamentary Secretary to the Minister for Transport (Assoc Prof Dr Muhammad Faishal Ibrahim)

The Parliamentary Secretary to the Minister for Transport (Assoc Prof Dr Muhammad Faishal Ibrahim)(for the Minister for Transport): Mdm Speaker, the average number of motorcycles registered per year in 2013 and 2014 is 9,898. Of these, 6,426 or 65% corresponded to a Class 2B riding licence, 1,342 or 14% to a Class 2A licence and 2,130 or 23% to a Class 2 licence.

Category D had been created as a separate category for motorcycle buyers so that they need not compete with other vehicle buyers when bidding for a COE. Splitting Category D further would result in a much smaller quota available in each sub-category. This may lead to more volatility in quota and prices.

Allowing unlimited five-year COE renewals for motorcycle owners may lead to fewer deregistrations and, therefore, fewer COEs available for bidding. This would disadvantage prospective motorcycle buyers, as they would have less of an opportunity to buy a new motorcycle if the COEs continued to be renewed instead of being released for bidding.

Summary written by AI (learn more)

Mr. Zainal Sapari asked about motorcycle registration statistics by license class, the feasibility of separating the motorcycle COE category, and allowing unlimited five-year COE renewals to ease ownership costs.
The Parliamentary Secretary provided figures showing that Class 2B licenses accounted for 65% of annual motorcycle registrations in 2013-2014, followed by Class 2 licenses at 23% and Class 2A at 14%.
The government opposes splitting the motorcycle COE category further, as it would reduce quotas in each sub-category and cause price volatility.
Unlimited five-year COE renewals are not supported because they would reduce COE availability from deregistrations, disadvantaging prospective buyers.
The current separate motorcycle COE category was established to prevent competition with other vehicles, and the administration aims to maintain market stability.

Questions identified by AI (learn more)

COEs for Different Types of Motorcycles | PAPERCUTS

COEs for Different Types of Motorcycles

Debated in Parliament on 12 Feb 2015.

Summary written by AI (learn more)

Mr. Zainal Sapari asked about motorcycle registration statistics by license class, the feasibility of separating the motorcycle COE category, and allowing unlimited five-year COE renewals to ease ownership costs.
The Parliamentary Secretary provided figures showing that Class 2B licenses accounted for 65% of annual motorcycle registrations in 2013-2014, followed by Class 2 licenses at 23% and Class 2A at 14%.
The government opposes splitting the motorcycle COE category further, as it would reduce quotas in each sub-category and cause price volatility.
Unlimited five-year COE renewals are not supported because they would reduce COE availability from deregistrations, disadvantaging prospective buyers.
The current separate motorcycle COE category was established to prevent competition with other vehicles, and the administration aims to maintain market stability.

Questions identified by AI (learn more)

Full Transcript

Zainal Sapari

The Parliamentary Secretary to the Minister for Transport (Assoc Prof Dr Muhammad Faishal Ibrahim)

Summary written by AI (learn more)

Mr. Zainal Sapari asked about motorcycle registration statistics by license class, the feasibility of separating the motorcycle COE category, and allowing unlimited five-year COE renewals to ease ownership costs.
The Parliamentary Secretary provided figures showing that Class 2B licenses accounted for 65% of annual motorcycle registrations in 2013-2014, followed by Class 2 licenses at 23% and Class 2A at 14%.
The government opposes splitting the motorcycle COE category further, as it would reduce quotas in each sub-category and cause price volatility.
Unlimited five-year COE renewals are not supported because they would reduce COE availability from deregistrations, disadvantaging prospective buyers.
The current separate motorcycle COE category was established to prevent competition with other vehicles, and the administration aims to maintain market stability.

Questions identified by AI (learn more)

COEs for Different Types of Motorcycles

Summary

Questions Identified

Full Transcript

Zainal Sapari

The Parliamentary Secretary to the Minister for Transport (Assoc Prof Dr Muhammad Faishal Ibrahim)

Summary

Questions Identified

COEs for Different Types of Motorcycles

Summary

Questions Identified

Full Transcript

Zainal Sapari

The Parliamentary Secretary to the Minister for Transport (Assoc Prof Dr Muhammad Faishal Ibrahim)

Summary

Questions Identified