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A delay of 6 to 18 months has just been announced by the Govt., but may not be as bad as it sounds...
DELAYED - New Vehicle Import Regulations
The Govt. has officially announced it is unable to meet the 10 Dec 2019 implementation deadline for the new import regulations and needs more time.
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How long is the expected delay ?
Between 6 and 18 months, ie. new implementation date between 1 July 2020 to 1 July 2021.
This may not
delay availability of the new models we have all been waiting for under SEVS and the new 25 Year Rule.
A logical approach would be a '
' to the new import scheme. Certain changes could still apply from 10 Dec 2019 as planned - like the 25 Year Rule.
The updated eligibility criteria for the new SEVS could also be adopted from this December, just operating on an interim basis under the current SEVS structure.
This would allow the promised changes to effectively take place as scheduled for businesses and the consumer, even before the full framework is in place.
Industry groups are already in discussions with the Govt. behind the scenes for a workable solution.
We will report again as further news becomes available.
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