Transport Malta Receiving Applications for the New Grant Scheme on the Purchase of New Environment-Friendly Vehicles as from 1st December 2014.
As announced in the Budget 2015 speech, Transport Malta, in conjunction with the Ministry for Transport and Infrastructure, has launched another grant scheme to incentivise the purchase of new category M1 motor vehicles (passenger cars).
This scheme is aimed at reducing the number of old motor vehicles from the road and thus reducing pollution. Subject to various conditions, the grant that varies between €700 and €900, shall be given upon the purchase of a new motor vehicle M1 that qualifies for the grant scheme whilst at the same time de-registering a vehicle in the same category.
The Government has allocated €500,000 for this scheme. Applications will be handled on a first come first served basis.
Applications for such scheme are available from the Vehicle Licensing Unit, Hornsworks Ditch, Floriana or downloaded from here.
In the coming days, Transport Malta will also launch the other schemes announced during the Budget 2015 speech, namely the Conversion of Vehicles to run with Autogas and the Purchase of Electric Vehicles.
Details of the Scheme are attached herewith. The Government Notice relating to this scheme will be published in today’s Government Gazette, Friday 5th December 2014.
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