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Since the entity is separate and distinct from others, if a problem occurs which leads to a massive liability, the individual is protected from losing more than the value of that one property. Many other properties are protected, when owned by other distinct entities. The vehicle licence fee varies depending on the type of vehicle and its cylinder capacity. Late renewal is subject to an additional charge which is 0.33% of the licence fee for each day overdue. Check out some of the most searched How-To guides and videos for your . For additional information, click "View All Resources". Select your vehicle to find helpful resources, including How-To videos, owner’s manuals and more. Transfer primary ownership to themselves or a third user. Adam Smith stated that one of the sacred laws of justice was to guard a person's property and possessions. All motor vehicles shall pass the vehicle examination prior to registration. Only type approved new private cars and motorcycle