As announced in the Budget 2014 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 €500 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 €300,000 over the next 12 months for this scheme.  Applications will be handled on a first come first served basis.

Applications for such scheme are available from the Driver and Vehicle Licensing Unit, Hornsworks Ditch, Floriana or downloaded from www.transport.gov.mt.

In the coming days, Transport Malta will also launch the other schemes announced during the Budget 2014 speech, namely the Conversion to Autogas and Electric Cars Schemes.