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The Transport Department (TD) today (February 25) announced that the auctions of traditional and personalised vehicle registration marks will be held on March 10 (Sunday) and March 16 (Saturday) respectively, in Meeting Room S221, L2, and Meeting Room S421, L4, Hong Kong Convention and Exhibition Centre, Wan Chai.
"A total of 280 traditional vehicle registration marks (TVRMs) and 237 approved personalised vehicle registration marks (PVRMs) will be put up for sale at two public auctions. The lists of marks have 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 traditional mark or a deposit of $5,000 to apply a personalised mark for auction should also participate in the bidding (including the first bid). Otherwise, the reserved or applied mark may be sold to another bidder at the reserve price.
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) a crossed cheque made payable to "The Government of the Hong Kong Special Administrative Region" or "The Government of the HKSAR". (For an auctioned mark paid for by cheque, the first three working days after the date of auction will be required for cheque clearance confirmation before processing of the application for mark assignment can be completed.) Successful bidders can also pay through the Easy Pay System (EPS). Payment by post-dated cheque, cash or other methods will not be accepted.
(b) Purchasers must make payment of the purchase price through EPS or by crossed cheque and complete the Memorandum of Sale of Registration Mark or the Memorandum of Sale of PVRM immediately after the bidding. Subsequent alteration of the particulars in the memorandum will not be permitted.
(c) A vehicle 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) The display of a PVRM on a motor vehicle should be in compliance with the requirements stipulated in Schedule 4 of the Road Traffic (Registration and Licensing of Vehicles) Regulations.
(e) 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.
(f) 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.
(g) The purchaser shall, within 12 months after the date of auction, apply to the Commissioner for Transport for the registration mark to be assigned to a motor vehicle registered in the name of the purchaser. If the purchaser fails to assign the registration mark within 12 months, allocation of the mark will be cancelled and arranged for re-allocation in accordance with the statutory provision without prior notice to the purchaser.
"The PVRM purchaser will be issued a Certificate of Allocation of PVRM. The Certificate of Allocation will serve to prove the holdership of the PVRM. Potential buyers of vehicles bearing a PVRM should check the Certificate of Allocation with the sellers and pay attention to the details therein. For transfer of vehicle ownership, this certificate together with other required documents should be sent to the Transport Department for processing," the spokesman said.
For other auction details, please refer to the "Guidance Notes - Auction of Vehicle Registration Marks" or "Guidance Notes - Auction of PVRMs", which can be downloaded from the department's website, www.td.gov.hk.
Ends/Monday, February 25, 2013
Issued at HKT 14:30
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