Hong Kong Regulations

ROAD TRAFFIC (REGISTRATION AND LICENSING OF VEHICLES) REGULATIONS,ROAD TRAFFIC (REGISTRATION AND LICENSING OF VEHICLES) REGULATIONS - REGULATION 13

Sale of registration marks on request

(Past version on 30/06/1997).

(1) Any person who wishes to be allocated a registration mark consisting of
one or 2 letters chosen by the Commissioner, subject to regulation 11, as its
prefix, followed by a particular number of not more than 4 digits (not being a
number listed in Schedule 5, or the number consisting only of the numeral
“0”, or a number beginning with the numeral “0”) chosen by the person,
may apply to the Commissioner to make such a registration mark, if unassigned,
available for allocation upon sale by auction.

(2) On receipt of an application under subregulation (1) and on payment to the
Commissioner by the applicant of a deposit of $1000 (to be held by the
Commissioner and in due course disposed of in accordance with subregulation
(4) or (5), as the case may be), the Commissioner shall offer the requested
registration mark for sale by auction; and regulation 10 shall apply to sales
by auction of such registration marks and to the proceeds of such sales.

(3) The sale by auction under this regulation of a registration mark shall be
subject to a reserve price of $1000, and the persons attending the sale by
auction shall be notified accordingly.

(4) If a registration mark is allocated upon sale by auction under this
regulation to a person other than the applicant who applied to the
Commissioner to make such registration mark available for allocation, the
deposit paid under subregulation (2) by the applicant shall be refunded to
him.

(5) If a registration mark to which this regulation applies remains unsold at
the auction, it shall be allocated, at a special fee of $1000, to the
applicant who applied to the Commissioner to make it available for allocation,
and the deposit paid by the applicant under subregulation (2) shall be taken
as payment of the special fee, and shall be paid by the Commissioner into the
Lotteries Fund as defined in the Government  Lotteries Ordinance ( Cap 334).

(6) Regulation 9(2) and (3) shall apply in respect of registration marks
allocated under this regulation (whether allocated upon sale by auction or at
the special fee of $1000) in like manner as it applies in respect of
special registration marks allocated under regulation 9(1).

(7) If, for whatever cause, a registration mark allocated under this
regulation is not assigned to a motor vehicle within 12 months after the date
of its allocation, the Commissioner may, without notice to the person to whom
it was allocated, cancel the allocation of the registration mark to that
person and reallocate it.

(25 of 2005 s. 11)