Transport Authority says taxi licences fee hike temporary
The Transport Authority says the increases in application fees for hackney carriage and route taxi licences are “intended” to be temporary.
Effective today, hackney carriage licences moved to $25,000 from $15,000 for a first-time application and $13,500 for a renewal application.
The prices for new and renewal route taxi permits have gone up to $15,000 from $12,000.
The authority, in a statement this afternoon, said that it had to up the prices to cover the extraordinary administrative costs associated with the liberalisation pilot project for taxi licences.
Under the project, some 1,260 routes have been opened across the island.
Applications began on September 10 and will close on November 30.
“The increased application fees which take effect today ... are intended to be in effect until the end of the pilot on November 30, 2018,” the transport authority said.
“The liberalisation pilot, which was launched on September 10, 2018, provides a unique opportunity for illegal public transportation providers to legitimise their operations,” the agency added.
The authority is urging illegal operators to become compliant to avoid prosecution.
Applicants are also being cautioned to conduct business directly with the Transport Authority and refrain from transacting business with individuals purporting to be agents of the regulator.