The Certificate of Entitlement (COE) quota for August 2020 to October 2020 will be 18,626. Details are in Annex A. Bidding under this quota will start on the first Monday in August 2020.

2      The COE quota consists of the following components:

a.     Replacement COEs from vehicles deregistered in the three-month period of April to June 2020;

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

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

d.     Return of COEs from the suspended bidding exercises in April, May and June 2020. As earlier announced, one-third of the COEs will be returned over the first three months from July to September 2020 and the remaining two-thirds will be returned over the next nine months from October 2020 to June 2021. There will be 5,773 additional COEs for August 2020 to October 2020.

3.     The next quota announcement for the bidding period of November 2020 to January 2021 will be made in October 2020.