Lunar New Year auction of Vehicle Registration Marks on February 7

     The Transport Department today (January 15) announced that the Lunar New Year auction of vehicle registration marks would be held on February 7 (Saturday), at Meeting Room 601, Hong Kong Convention and Exhibition Centre in Wan Chai.

     "A total of 45 vehicle registration marks will be put up for public auction. 42 of them are traditional vehicle registration marks (TVRMs) and three of them are personalised vehicle registration marks (PVRMs). The list of marks has been posted at the Transport Department website http://www.td.gov.hk," a department spokesman said.

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

(a) Successful bidders are required to produce the following documents for completion of registration and payment procedures immediately after the successful bidding:

(i) the identity document of the successful bidder;
(ii) the identity document of the purchaser if it is different from the successful bidder;
(iii) a copy of the certificate of incorporation if the purchaser is a body corporate; and
(iv) crossed cheque made payable to 'The Government of the Hong Kong Special Administrative Region'. (Payment by post-dated cheques, cash or other methods will not be accepted.) Bidders who wish to bid for both the TVRM and PVRM should bring at least two cheques for payment of auction prices.

(b) Purchasers must make payment of the purchase price by crossed cheque and complete the Memorandum of Sale of Registration Mark/Memorandum of Sale of Personalised Vehicle Registration Mark immediately after the bidding. Subsequent alteration of the particulars in the Memorandum will not be permitted.

(c) A registration mark can only be assigned to 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.

(d) Special registration marks are non-transferable. Where the ownership of a motor vehicle with a special registration mark is transferred, the allocation of the special registration mark shall be cancelled.

(e) The display of a registration mark on a motor vehicle should be in compliance with the requirements stipulated in Schedule 4 to the Road Traffic (Registration and Licensing of Vehicles) Regulations.

(f) Any change to the arrangement of letters, numerals and blank spaces of a PVRM, i.e. single and two rows as auctioned will not be allowed.

(g) The purchaser must, within 12 months after the date of auction, apply to the Commissioner for Transport for the 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 and Guidance Notes - Auction of PVRM, which can be downloaded from the department website.

Ends/Thursday, January 15, 2009
Issued at HKT 12:46

Attachment: Lunar New Year Auction of Vehicle Registration Marks on February 7