340 vehicle registration marks up for public sale in October

Applicants who paid the $1,000 deposit to reserve a mark are still asked to participate in the bidding.

The Transport Department (TD) has announced two auctions of traditional vehicle registration marks, to be held on 7-8 October.

A total of 340 vehicle registration marks will be put up for public sale at each auction, with the list uploaded on the department’s website.

Applicants who have paid a deposit of $1,000 to reserve a mark for auction should also participate in the bidding. TD warned that the mark “reserved” may be sold to another bidder at the reserve price.

The auction will be held in Meeting Room N201, L2, New Wing, Hong Kong Convention and Exhibition Centre, Wan Chai.

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Successful bidders are required to produce the following documents immediately after the successful bidding, for completion of registration:

1. the identity document of the successful bidder;
2. the identity document of the purchaser if it is different from the successful bidder;
3. a copy of the Certificate of Incorporation if the purchaser is a body corporate; and
4. 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 cheques, cash or other methods will not be accepted.

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Purchasers must make payment of the purchase price through EPS or by crossed cheque and complete the Memorandum of Sale of Registration Mark immediately after the bidding. 

A vehicle registration mark can only be assigned to a motor vehicle which is registered in the name of the purchaser, the TD reminded. Special registration marks are also non-transferable. 

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.