Number Plate Awareness Campaign
ITP had launched a 15-day campaign for awareness among road users to remove unauthorised or non-patterned number plates from their vehicles and bikes.
The campaign was launched under the directions of Interior Minister Chaudhry Nisar Ali Khan, with the purpose to ensure high security alert, and maintain law and order situation in the capital.
The campaign will end after two days on April 15 after which strict legal action will be taken against drivers whose vehicles have non-patterned number plates.
All such number plates would be considered fake and a fine would be imposed on such vehicle owners. The Traffic SSP had sent letters to government and private organisations regarding this campaign. He also appealed that the citizens cooperate with ITP and display authorised number plates issued by Excise and Taxation Office.
Bidders allowed to purchase an unlimited number of private vehicle number plates in Kingdom's first ever public auction
05 : 59 PM - 12/04/2017
Manama, Apr. 12 (BNA): The first public auction of private vehicle number plates will take place at 18:00 on 13 April at the Isa Sports City Hall D, adjacent to the Bahrain National Stadium.
The auction, organised by Mazad, will open for registration between 11:00 to 17:00 on 13 April. In line with the company’s commitment to fairness and transparency, Mazad has announced that there will be a set amount of seats available for non-participating members of the public, which will be allocated on a first come first serve basis.
Mr Talal Arif Alaraifi, CEO of Mazad, stated that the fast track service opened to all interested parties generated a large amount of interest at all locations, including at the Notary Office, Gosi Commercial Complex, and the Bahrain Investors Centre in Bahrain Financial Harbour.
Mr Alaraifi also highlighted that all the necessary procedures have been put in place ahead of the auction, and that the successful preparation is a reflection of the wide-ranging stakeholder engagement that has been undertaken. Mr Alaraifi also noted that a separate office for issuing power of attorney will be allocated in the auction venue.
The CEO called on those wishing to participate in the auction to bring all necessary documentation to the venue, including ID cards, and to ensure they have signed the participation form. Mr Alaraifi noted that company owners can register in the name of their companies through individuals authorised by law, and provide original power of attorney documentation at the event.
Mr Al Araifi further noted that regardless of nationality, bidders registered to participate will be able to purchase an unlimited number of private vehicle number plates. Buyers must complete the payment process within ten days, and upon completion of payment will be provided with an official certificate of ownership and have the freedom to use and/or assign the private number plate.
How much similar registration plates have sold for recently and in the past: it is always worth looking at what has been going on in the private registration plate market recently to add extra weight to the valuation of your own number plate. It is a market that is not immune from trends, so keep a close eye on what has been selling well and see if your plate has any similar features
The age of the plate: older plates tend to attract higher prices and dateless number plates (the first ones ever issued) normally call for the highest prices on the market
The plate’s rarity: if a lot of similar registration plates were issued, your plate may be less valuable. So, the relative rarity of older, dateless number plates makes them more valuable, as a whole, than newer, dated plates. Similarly, having a private plate with a word or name spelled out on it gives it a degree of rarity that would raise its value.
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