Auction of ordinary and special vehicle registration marks to be held on November 10

The Transport Department today (October 29) announced that the auction of ordinary and special vehicle registration marks would be held on November 10 (Saturday) at Meeting Room 601, Hong Kong Convention and Exhibition Centre in Wan Chai.  

     "A total of 270 vehicle registration marks will be put up for public auction.  The list of marks has been posted at the department's website www.td.gov.hk," a department spokesman said.

     Applicants who have paid a deposit of $1,000 to reserve a mark for auction should also participate in the bidding (including the first bid at the opening price of $1,000).  Otherwise, the mark may be sold to another bidder.

     People who wish to participate in the bidding at the auction should take note of the following important points:

(a) Purchasers must make payment of the purchase price by crossed cheque and complete the Memorandum of Sale of Registration Mark immediately after the bidding.  No subsequent alteration of the particulars in the Memorandum will be permitted.
(b) An ordinary registration mark and special registration mark can only be assigned a motor vehicle which is registered in the name of the Purchaser.  The Certificate of Incorporation must be produced immediately by the Purchaser if a vehicle registration mark purchased is to be registered under the name of a body corporate.
(c) Special registration marks are non-transferable.  Where the ownership in a motor vehicle with a special registration mark is transferred, the allocation of the special registration mark shall be cancelled.
(d)  The purchaser, must, within 12 months after the date of auction, apply to the Commissioner for the registration mark/special registration mark to be assigned to a vehicle registered in the name of the Purchaser.  If the Purchaser fails to do so, allocation of the mark will be cancelled without notice to the Purchaser.
     
     For other auction details, please refer to the Guidance Notes - Auction of Vehicle Registration Marks, which can be downloaded from the department's website.

Ends/Monday, October 29, 2007
Issued at HKT 10:01

Attachment: Auction of Ordinary & Special Vehicle Registration Marks on November 10