Rights and obligations of the vehicle license plate auction winner

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Article 38The Law on Road Traffic Order and Safety 2024 stipulatesRights and obligations of the vehicle license plate auction winneras follows:

1. The person who wins the vehicle license plate auction has the right to:

a) Be granted a decision confirming the winning auction license plate number after paying the full auction winning amount;

b) Register the auction winning license plate attached to the vehicle owned by the person at the police agency that manages the auction winning license plate or at the permanent or temporary residence of the individual or the headquarters of the auction winning organization;

c) Transfer, exchange, gift, or inherit the vehicle with the auction winning license plate;

d) Within 30 days from the date of announcement of the auction result, if the auction winner has not yet been issued a decision confirming the auction license plate number, if the auction winner dies, the auction result will be canceled, and the heir according to the provisions of the law on inheritance will receive the full amount of the auction winning amount that the auction winner has paid;

d) Within 12 months from the date of issuance of the decision confirming the auction winning license plate, if the auction winner dies but has not completed the vehicle registration procedure to attach the auction winning license plate, the auction winning result will be canceled, and the heir according to the provisions of the law on inheritance will receive the full amount of the auction winning amount that the auction winner has paid.

2. The person who wins the vehicle license plate auction has the obligation to:

a) Pay the full amount of the auction within 30 days from the date of announcement of the auction result; the auction winning amount does not include registration and license plate fees. After the prescribed deadline, if the auction winner does not pay or does not pay the full amount of the auction winning amount, the auction winning license plate will be re-auctioned or transferred to the vehicle registration and management system and the auction winner will not be refunded the deposit or paid amount, and will not be allowed to participate in the license plate auction within 12 months from the date of announcement of the auction winning result;

b) Carry out vehicle registration procedures to attach the auction winning license plate within 12 months from the date of receiving the decision confirming the auction winning license plate; in case of force majeure or objective obstacles, this period may be extended but not exceeding 06 months.

After the prescribed time limit, if the auction winner does not complete the vehicle registration procedure to attach the auction winning license plate, the auction winning license plate will be re-auctioned or transferred to the vehicle registration and management system and the auction winner will not be refunded the auction winning amount paid;

c) The auction winning license plate number may not be transferred, exchanged, given away or inherited, except in the case specified in Point c, Clause 1 of this Article.

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