Preparation for Auction

What to bring along on the date of auction?

Bidders are reminded to bring along the following documents with them for completion of registration and payment procedures immediately after the successful bidding:

• the identity document of the successful bidder;
• the identity document of the purchaser if it is different from the successful bidder;
• a copy of the certificate of incorporation (photocopy is acceptable) if the purchaser is a body corporate; and
• a crossed cheque made payable to 'The Government of the Hong Kong Special Administrative Region' or 'The Government of the HKSAR'. For auctioned mark paid 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 Easy Pay System (EPS). However, payment by post-dated cheques, cash or other methods will not be accepted.

Who is expected to attend an auction?

Any member of the public who is interested in bidding for the marks put up for auction can attend. And, any person who has submitted a deposit of $1,000 to the Transport Department to reserve a vehicle registration mark for auction should also attend. Failure to do so may render the reserved mark sold to other bidders at $1,000.

Relevant information for Auction

After Auction

What is the procedure for registering a mark bought at auction?

If successful in obtaining a mark at auction, the bidder has to complete a Memorandum of Sale to confirm acceptance of the mark. Within 12 months after the date of being allocated with the mark by auction, the successful bidder has to get the mark assigned to a vehicle registered in his name, otherwise this allocation of the mark may be cancelled by the Transport Department and the mark may be reallocated.

Where will the funds obtained through auctions of marks go?

Funds raised through the auction of vehicle registration marks after deduction of the operation expenses will go to the Government Lotteries Fund, a body that uses the funds for charity.