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OK, the date is set.
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The Road Vehicle Standards Bill 2018 received Royal Assent on 10 Dec 2018.
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There is now a 12 month transition period to allow businesses to adjust and new management structures to be put in place.
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This Bill forms the skeleton of the new laws.
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The important detail on actual operation will be in the Regulations which have not yet been released.
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We will update again once this happens – could be this year or early next year.
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What happens next ?
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There is a 12 month period before the important parts of the new regulations will apply.
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A completely new SEVS eligible model list will need to be created before Dec 2019.
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So we expect it will soon become possible to start applying for models to be reviewed and approved.
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The cost and application process should be available once the regulations are publicly released.
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The old scheme will be phased out over the next 2 years.
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Read more about the current and future import regulations
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QUICK SUMMARY
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Once the new regulations are released by the Govt. we will provide a full update explaining how the import scheme will operate in the future.
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Here is a quick summary of the main points:
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25 Year Rule will allow the import of classic and enthusiast vehicles over 25 years old
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Vehicle models younger than 25 years and originally sold new in Aust will still be blocked for import BUT different “variants” will be allowed – e.g. hybrid, turbocharged, 4WD etc.
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Many new hybrid, electric and kei cars will be available – any model not sold new in Aust that meets the environmental criteria
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Change from 18 month –> 3 month gap for release to world market means that early R35 GTR’s will be eligible for import
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Rare LHD vehicles won’t require conversion
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New inspection system should ensure higher quality standards
