The attached media release has been issued but the Federal Government and flags proposed changes to the Motor Vehicle Standards Act. Point two will be of interest to the old car movement as it proposes significant changes to the importation of older cars and the operation of the Register of Specialist and Enthusiast Vehicles.
The three main points raised in the release are:
- Personal import of new motor vehicles
- Improvements to existing schemes for specialist and non-standard vehicles and
- Removal of $12,000 special duty on imported used vehicles
Full details are yet to be released. It should be noted that these proposed changes are yet to be put to Parliament but the expected implementation will be sometime in 2018.