The Government has announced stricter regulations governing the transfer of Public Service Vehicle (PSV) permits, aiming to prevent commercial trading and ensure fair access, according to the Minister for Public Works, Meteorological Services and Transport, Ro Filipe Tuisawau.
Minister Tuisawau said the Land Transport Authority (LTA) would no longer accept the transfer of PSV permits through ordinary sales and purchase agreements.
New regulations in regard to this will be gazetted shortly.
“Transfers will now only be permitted under specific circumstances, including love and affection, migration, medical grounds, and in the event of death through probate or letters of administration,” he said.
“This change aims to uphold public interest, ensure fair access to permits, and prevent commercial trading of public transport licences.”
The Minister also cautioned individuals and businesses currently negotiating sales and purchase arrangements for PSV permits to act quickly.
“Once the amendments are gazetted and enforced, the Authority will strictly prohibit transfers based on sales and purchase agreements, and any incomplete transactions will no longer be recognised,” he warned.
Minister Tuisawau said the changes would help ensure that PSV permits serve their intended public purpose, rather than being treated as commercial commodities.
