Hong Kong Regulations

ROAD TRAFFIC (REGISTRATION AND LICENSING OF VEHICLES) REGULATIONS - REGULATION 12H

Sale by auction of personalized registration marks

(1) The sale by auction under regulation 12I(1) of a proposed 
personalized registration mark shall, subject to subregulation (2), be
conducted under the direction of the Commissioner.

(2) The Commissioner may engage such persons as he thinks fit for the conduct
of the sale by auction under regulation 12I(1) of a proposed 
personalized registration mark.

(3) The sale by auction under regulation 12I(1) of a proposed 
personalized registration mark shall be subject to a reserve price of $5000,
and the persons attending the sale by auction shall be notified accordingly.

(25 of 2005 s. 10)