Chandigarh, Nov 4 (UNI) The Punjab Government today notified the new policy to sell small digit vehicle registration numbers in each series by open auction amending Motor Vehicle Rules 1989.
Giving details Transport Minister Mohan Lal today said that some numbers in each series had been reserved and they would be sold to the public by open auction after giving due notice to the public. A transparent procedure had been drawn for the new policy.
The Minister said that 0001 number in each series would have a reserve price of Rs 50,000. Numbers ranging from 0002 to 0009 would have a reserve price of Rs 10,000.
Numbers ranging from 10 to 100 in each series would have a reserve price of Rs 3000 and rest of the reserved numbers would have reserve price of Rs 1000.
The Minister said that the open auction would be organised by each District Registration Authority after giving advertisement in the media.