The Certificate of Entitlement (COE) quota for February 2020 to April 2020 will be 19,055. Details of the quota for each COE category are in Annex A. Bidding under this quota will start with the first COE bidding exercise in February 2020.

2.     The COE quota consists of the following components:

a. Replacement COEs from vehicles deregistered in the preceding three-month period of October to December 2019;

b. Provision for 0.25% per annum growth for Category C based on the Category C vehicle population as at 31 December 2019; and

c. Adjustments for changes in the taxi population, replacement of commercial vehicles under the Early Turnover Scheme, and expired COEs.

3.     The next quota announcement for the bidding period of May 2020 to July 2020 will be made in April 2020.