Hong Kong Regulations

ROAD TRAFFIC (REGISTRATION AND LICENSING OF VEHICLES) REGULATIONS - REGULATION 27

Tenders for licensing of taxis

(1) Subject to subregulation (2), where the Commissioner calls for tenders
under regulation 26(1)(b), the Commissioner may license the number of taxis
allocated pursuant to such tender only to a person whose tender the
Commissioner has accepted.

(2) (a) Any person whose tender has been accepted and who fails to pay the
premium within 14 days after receipt of notification of acceptance of his
tender shall forfeit the right to license the number of taxis allocated to him
and to any deposit paid by him.

   (b)  Any person who fails to license the number of taxis allocated to him
        within 6 months after the notification of acceptance of his tender
        shall forfeit the right to license the number of taxis not then
        licensed and the deposit paid by him in respect of any taxi for which
        the right to license is forfeited.

   (c)  Any person who transfers or purports to transfer his right to license
        any number of taxis allocated to him shall forfeit the right to
        license the number of taxis so allocated and the deposit paid by him
        in respect of any taxi for which the right to license is forfeited.

   (d)  Any premium payable under regulation 26(1)(b) shall be in addition to
        the registration and licence fees prescribed in Schedule 2 and shall
        not be refundable in any circumstances.