Parliament has approved new rules of state registration of motor vehicles, according to the amendments to the law "On Road Traffic", proposed at the plenary session of the parliament Apr. 25.
According to the amendment, in order to carry out the state registration and register the vehicle, vehicle inspection will be carried out after comparing the engine and chassis numbers, as well as the color of the car body.
At present, vehicle inspection is not required during the first registration or re-registration of vehicles.
According to the changes, if the vehicle inspection must be carried out this year, but it was not carried out before the date when it was first registered or re-registered, the traffic police will require the vehicle inspection by law.
Minister for Excise & Taxation and Narcotics Control Mukesh Kumar Chawla has said that the Excise Department is considering for transfer of ownership of any vehicle that the transferee and transferor should appear before the Motor Registration Authority (MRA) for signing the transfer deed of the vehicle along with the original relevant file in order to maintain transparency in the registration and avoid any unpleasant situation.
This he said while presiding over a meeting at his office here on Monday, said a statement. Secretary Excise & Taxation and Narcotics Control Abdul Haleem Sheikh and Director General Shoaib Ahmed Siddiqui also attended the meeting. He said that SOPs was being prepared for finalizing to hire consulting services to scan data and the facility for new registration of commercial and non- commercial vehicles and duplicate number plates might be provided at regional level to facilitate the owners of the vehicles.
Provision of facility for registration of auctioned vehicles at the regional headquarters is also underway, he added. Chawla directed the officers to facilitate the people and maintain transparency at all levels and if anyone was found guilty in any kind of maladministration and malfunctioning he would take severe action against him.
The following list shows plates that have been sold in the past at the highest prices. Most of these were sold in auctions across the country although some were sold by the DVLA.
- ‘25’ O for £518,000.
This is the most expensive Regplates ever sold by the DVLA, and were purchased in 2014 by Ferrari dealer John Collins. The plate is currently being used on a Ferrari. The market value of the car is around £10,000,000.
- ‘F 1’ for £440,000.
This Regplate was the previous record holder for the highest price paid for a reg plate. The plate represents the initials of Formula 1 racing and was bought in 2008 by Afzal Khan, a businessman from Bradford. The plates are currently being used on his McLaren Mercedes SLR, which is quite an impressive match.
- ‘S 1’ for £404,000.
This is claimed to be the first Regplate that was ever made in Scotland. Therefore, it is both special and rare, as it is only one of its kind. The Regplates were purchased in 2008 at an auction by an anonymous bidder who said the plate would be used on an old Skoda. It’s a good investment, either to mark history or as an antique.
- ‘1 D’ for £352,000.
These initials bear a resemblance to the American pop group One Direction. However, it is interesting to note that the Regplate was purchased a year before the group was even formed. Nabil Bishara, a businessman from Lebanon, purchased it.
- ‘M 1’ for £331,000.
Mike McCoomb, a businessman in the phone industry, bought this unique Reg plate back in 2006. He said the plates were meant for his son, who was 10 years old at the time of the purchase.
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