Important Points. 2 You must have cleared funds in place as payment of the full invoice total is required within 5 working days of the auction

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1 14 Important Points 1 Don t forget the additional costs on top of the hammer price. All purchases are subject to VAT, a Buyer s Premium of 8% (min 40 + VAT) and an 80 Assignment Fee 5 It is an offence to alter, re-arrange or misrepresent a registration number. There is a maximum fine of 1,000 and the registration number can be withdrawn without compensation 2 You must have cleared funds in place as payment of the full invoice total is required within 5 working days of the auction 3 Registrations are not sold for less than reserve 4 Registrations cannot be purchased before the auction 6 You cannot use a registration number to make a vehicle look younger than it is 7 We strongly recommend you register online: If you are using the forms in this catalogue, please make sure that you complete the Bidder Registration Form(s) correctly and legibly

2 THE HAYCOCK HOTEL. PETERBOROUGH WEDNESDAY 21. THURSDAY 22. FRIDAY 23. NOVEMBER How to Register and Bid To bid at a DVLA Auction, please follow these simple steps: 1 Which registration number do you want to bid for? Pages Ways to bid Page 16 3 How much do you want to spend? Page 18 dvlaauction.co.uk/live 4 Read through the Terms and Conditions of Sale Pages Complete your application to bid online: 6 If you prefer, hand write the Bidder Registration Form and return to us. Pages 21-22

3 16 Ways to Bid Which bidding method should I choose? There is no charge to register or bid at a DVLA Auction. There are 5 ways in which you can bid. Most people choose to attend the auction and bid in person. For those who cannot attend, they may choose to bid over the telephone, via the Internet, or leave an absentee bid or SMS bid. Bidding in Person There s nothing quite like being at the auction yourself and we strongly recommend that you bid in person. Bids in person will be given priority. You can pre-register allowing you to enter the auction without the need to register when you arrive. Please note deadlines apply (see page 4 for details). FREE TO REGISTER FREE TO BID Absentee Bid These bids are also known as Book Bids, Postal Bids, Written Bids or Commissioned Bids. Let us know your maximum bid and you will secure your lot for just one bid increment (usually 50 or 100) higher than the last bid against you, without exceeding your maximum bidding limit. Please note deadlines apply for Assisted Absentee Bids placed by , fax or post (see page 4 for details). Absentee Bids can be placed online up to 1 hour before the Lot is due to be offered for sale. Telephone Bid BCA provides a service where we will call a customer to take their bids a few minutes before their registration is offered for sale. Bidders wishing to bid via telephone must register before the deadline (see page 4 for details). Internet Bid This is a live bidding experience. We will send you a login code to access the live bidding site before the auction. Please note that due to reliance on various technological factors, connectivity and conditions beyond our control, we cannot guarantee the acceptance of bids made through the Internet. Please note deadlines apply (see page 4 for details). SMS Bid We also accept Absentee bids by SMS from registered bidders. Bids can be placed up to one hour before the lot is due to be offered. Please note once a text bid has been sent, customers cannot assume it has been received until an SMS reply is received to confirm the bid has been processed. Customers will be liable for any SMS bids made from their mobile number. See page 10 for details on how to bid by SMS. If you wish to bid by telephone, internet, absentee bid or SMS bid you must register before the auction. Bid deadlines apply, so register early. Please see page 4 for details.

4 THE HAYCOCK HOTEL. PETERBOROUGH WEDNESDAY 21. THURSDAY 22. FRIDAY 23. NOVEMBER Questions and Answers What are Reserve Prices? Reserve Prices are the minimum prices at which lots will be sold. All reserve prices are shown in the catalogue for every auction. Please note that these do not include the additional charges of VAT, Buyer s Premium (minimum 40 + VAT) and Assignment Fee. The eventual selling price will depend on demand on the day. You may like to check our auction sold facility: dvlaregistrations.direct.gov.uk/search/previousauction-plates.html to see what similar registrations have sold for at previous auctions. Where does the bidding start? Bidding normally starts at the Reserve Price and the auctioneers will seek to take bids from the auction hall first even if there are Absentee Bids of the same value. When there are no bids in the auction hall and there are two competing Absentee Bids, the bidding will start at one bid (usually 100) more than the lower Absentee Bid. Where there are two identical Absentee Bids, the auctioneer will accept the one that was received first. Are there any spending limits? Anyone wishing to spend over 7,500 hammer price must indicate this when registering as a bidder. We may need to contact you for further details or deposit payment. What bids will the auctioneer take? At the auctioneer s discretion, bids increase by a minimum of 50 where bidding is below 1,000 and 100 where bidding is above 1,000. Larger bid increments may apply as the hammer price increases. What happens to registrations that do not reach their reserve prices? The auctioneer will not accept any bid on a registration that is below the published reserve price. If a registration does not receive a bid at reserve price or above, it will be declared as Unsold by the auctioneer. Unsold registrations are normally available to purchase for a few days after each auction, see website for details. The DVLA may, at its discretion, include such registrations in future auctions without prior notice. Can I place a DVLA registration on a vehicle registered in Northern Ireland? Registration numbers can be purchased from the DVLA if you live in Northern Ireland, and can be assigned directly onto a vehicle registered in GB or Northern Ireland. For further details you can call the DVLA Vehicle Enquiry Unit on Are there any extra costs required to assign a registration to a vehicle? All registrations purchased in a DVLA Auction are supplied on a V750 Certificate of Entitlement and the Assignment Fee is included in the final purchase price (see What Will it Cost? breakdown on page 18). There is no further charge for DVLA to assign that registration to a vehicle registered in the name of either the Purchaser or the Nominee (if specified). However, please note that some insurance companies may charge an administration fee to record the transfer of a registration mark onto a vehicle and to supply a new Certificate of Motor Insurance. dvlaauction.co.uk/live

5 18 What Will It Cost? It is important to set yourself a limit before you bid and then to stick to it. When doing this, please bear in mind that the sale price (also called the Hammer Price ) is subject to VAT, the Auctioneer s Buyer s Premium (minimum 40 + VAT) together with the Assignment Fee. This table shows how the hammer price relates to the final amount you will have to pay. Taxes, premiums and fees correct at time of printing. See: for an interactive What Will It Cost? breakdown. Hammer Price , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , VAT on Hammer 20% , , , , , , , , , , , , , , , , , Buyer s 8% (min 40 + VAT) , , , , VAT on Buyer s 20% Assignment Fee Total , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,000.00

6 THE HAYCOCK HOTEL. PETERBOROUGH WEDNESDAY 21. THURSDAY 22. FRIDAY 23. NOVEMBER How to Pay When Do I Pay? You will be sent an or a letter and payment must be paid within 5 working days after the end of the auction. You will be sent a receipted invoice once payment has been received. Bidders at the auction can choose to pay the balance on the day. How Can I Pay? Payment can be made by any of the methods listed below. Any payments from overseas bank accounts should be made electronically into the HSBC bank (details below) or by bankers draft drawn in sterling from a UK bank. PLEASE NOTE THAT PAYMENT BY CASH IS NOT ACCEPTED AT THE AUCTION OR INTO OUR BANK ACCOUNT Secure on-line Payment WE ARE UNABLE TO TAKE CARD DETAILS OVER THE PHONE Pay on-line by visiting: using your debit/credit card. Electronic Funds Transfer Funds can be transferred directly into the BCA DVLA Client Account as below. Please include the registration number(s) and lot number(s) as reference. British Car Auctions - DVLA Account Bank HSBC Bank Plc Sort Code Account No BIC MIDLGB22 IBAN Number GB89 MIDL (for payment from overseas). Internet Banking You can transfer funds online into the BCA DVLA Client Account (below left). So that we can allocate your payment, please give the lot number and registration number as a reference. Cheque Payment by cheque can only be made within 5 working days of the auction. Cheques should be made payable to: BCA DVLA Client Account and posted to: DVLA Auction Team, British Car Auctions Limited, Cross Green Business Park, Pontefract Lane, Leeds LS9 0PS. Please write the registration number(s), lot number(s) and your bidder number on the reverse of the cheque. Please note that for clearance purposes cheque payments from foreign bank accounts are not acceptable. We allow 10 working days for cheques to clear so you will not receive documentation for up to 20 working days after payment has been made. What Happens Next? Within 10 working days of cleared funds being received, the DVLA will post you a Certificate of Entitlement (V750). This will enable you to assign the registration number to a vehicle registered in your name or in that of the nominee. If you buy more than one registration, Certificates of Entitlement will not be issued until payment has been received in full for all registrations. dvlaauction.co.uk/live

7 20 Bidder Registration Notes WE STRONGLY RECOMMEND THAT YOU REGISTER ONLINE: If you prefer, you can register using Forms A & B overleaf. FORM A 1. About You Individual Bidder Details This section must be completed in full in all cases (unless you have already registered for the auction online) with your personal details and your home address. The details you enter will appear on the V750 Certificate of Entitlement and on the invoice unless the section Company Bidder Details is completed. In this case the Company details will appear. If you intend to spend over 7,500 you must pre-register with the auctioneers by returning this application or registering online before the deadline. A deposit may be required. 2. In Person This should be completed by bidders who wish to attend the sale and bid in person. Once your application has been processed you will be sent a Bidder s Card to bring with you on the day. Alternatively, complete your application on the day and you will be given a Bidder s Card on your arrival. 3. Live by Telephone Indicate the lots you would like us to call you for (up to a maximum of 4) and give details of the person(s) to contact and the relevant telephone number(s). Applications are taken on a first come, first served basis. The Auctioneers shall not be held responsible for any loss of communication or connection between a Bidder s mobile phone or landline and that of the Auctioneers, however caused. Please note we will only accept bidding instructions from the names you supply in this section. 4. Live on the Internet Visit: and carry out the Speed Test to check your computer s Internet connection. Then register to bid live via the Internet. Full bidding instructions will be supplied approximately 24 hours prior to the sale. The Auctioneers shall not be held responsible for any loss of communication or connection between a Bidder s Internet system and that of the Auctioneers, however caused. 5. SMS Bid Register as a bidder and leave your mobile phone number with us and this will allow you to send your maximum bid up to 1 hour before the lot is due to be offered. Once you have registered, full bidding instructions will be supplied. 6. Absentee Bid Details Let us know your maximum bid and you will secure your lot for just one bid increment ( 50 or 100) higher than the last bid against you, without exceeding your maximum bidding limit. Please note deadlines apply. Absentee Bids can be placed online up to 1 hour before the Lot is due to be offered for sale and are not confirmed bids until the confirmation has been received by the bidder. 7. Declaration Once the T & C s have been read, all applications must be signed and dated by the registered bidder. Failure to do so will result in the application not being processed. 8. Important Note DVLA Auctions are run as a completely seperate entity to BCA vehicle auctions and therefore MyBCA cards can not be used to purchase registration numbers. FORM B You only need to complete Form B if you wish to bid on behalf of a company or require a nominee. 8. Your Name Please repeat your name from Section 1 here in case Form A and Form B become separated. 9. Company Bidder Details This section should be completed in full if the registration is being purchased on behalf of a company. The company details will then appear on the V750 Certificate of Entitlement and on the invoice. 10. Nominee Details If you are purchasing a registration for or on behalf of someone else this section should also be completed. This will allow the registration to be assigned either to a vehicle registered in your name as the purchaser or to your named nominee. Please note that individual s forenames or initials must also be supplied. Nominee details without this information will not be accepted. Nominee details can be altered/added at a later date. There is no fee.

8 THE HAYCOCK HOTEL. PETERBOROUGH WEDNESDAY 21. THURSDAY 22. FRIDAY 23. NOVEMBER Bidder Registration Form A These details should match the vehicle s V5 (logbook). To be completed by all bidders unless you have already registered on our website. For assistance in completing this form, please refer to page 20 in the catalogue. 1. ABOUT YOU INDIVIDUAL BIDDER DETAILS This section must be completed in full in all cases Title Forename(s) Surname Address Town/City Postcode Tel Are you bidding on behalf of a company or do you require a nominee? Yes No Please tick here if you intend to spend over 7,500 hammer price (we might need to contact you for further details) 2. IN PERSON Please indicate if you ll be attending the auction I shall be attending in person (NB. If yes, please also complete and return Form B overleaf) 3. LIVE BY TELEPHONE Maximum 4 lots unless by prior arrangement with the auctioneers Please arrange bids on the following lots: Lot No. Registration No. Person(s) Who Will be Bidding and Contact Telephone Numbers 4. LIVE INTERNET BID DETAILS Please apply online at: 5. SMS BID Mobile number used 6. ABSENTEE BID DETAILS Please bid for me on the following lots: Lot No. Registration No. Maximum Bid ( ) Amount in Words 7. DECLARATION I agree that I will abide by the Terms & Conditions of Sale as printed in this Catalogue. I understand that mis-representation of registration numbers is strictly illegal and I agree to display my registration number correctly. Signature Date Please tick this box if you would like to receive notifications of future DVLA Auctions of Personalised Registrations BIDDER NUMBER (Office Use Only) RETURN DETAILS: Please return your form(s) to us by Scan the page(s) ensuring file sizes are no larger than 1Mb. auction@dvlaauction.co.uk or POST: Post your form(s) to: DVLA Auction Team, British Car Auctions Limited, Cross Green Business Park, Pontefract Lane, Leeds, West Yorkshire LS9 0PS WARNING: It is an offence to alter, re-arrange or misrepresent a registration number. There is a maximum fine of 1,000 and the registration number can be withdrawn without compensation. DVLA handles your personal data in accordance with road vehicle law and data protection laws. The law allows us to release your data to the police and other enforcement bodies. We also provide data to other parties where the law allows it. For further information about how we process your data, your rights and who to contact, see our privacy notice at: or request a written copy by phoning

9 22 Bidder Registration Form B To be completed by company bidders and nominees. 8. NAME OF BIDDER For assistance in completing this form, please refer to page 20 in the catalogue. Title Forename(s) Surname 9. COMPANY BIDDER DETAILS If bidding on behalf of a company, please complete this section Company Name Company Address Postcode Business Landline Tel Alternative Tel Person Authorising this Bid Position in Company 10. NOMINEE DETAILS If you require a nominee, please complete this section Please include initials and forenames. Addresses are not required. Lot No. Name Lot No. Name PLEASE REMEMBER TO RETURN BOTH FORM A AND FORM B TO THE AUCTIONEERS IF YOU WANT TO BID ON BEHALF OF A COMPANY OR REQUIRE A NOMINEE. Bid Deadlines Telephone Bids Pre-register to Bid in Person Internet Bids Assisted Absentee Bids by Post/Fax/ Absentee Bids via our Website & SMS Bids Bidding In Person on the Day Thursday 15th November 2018 at 10.00am Monday 19th November 2018 at 10.00am Monday 19th November 2018 at 10.00am Monday 19th November 2018 at 10.00am Up to 1 hour before the registration is due to be offered in the auction Register at the sale. Please arrive at least 1 hour before the sale of your chosen registration. WARNING: It is an offence to alter, re-arrange or misrepresent a registration number. There is a maximum fine of 1,000 and the registration number can be withdrawn without compensation. BIDDER NUMBER (Office Use Only)

10 64 Auctioneers Conditions of Sale Interpretation In these conditions the following will have the following meanings: Appropriate Vehicle means the vehicle which complies with the conditions specified in paragraph 10 of the Regulations. Bidder means a prospective Purchaser who has provided the Auctioneers with a properly completed DVLA Auction application and who has been issued with a Bidder s Number by the Auctioneers. Bidder s Number means the number allocated by the Auctioneers to each prospective Purchaser who has made an application for such as Bidder s Number. Certificate means the Certificate of Entitlement in relation to the Relevant Right to be issued by the Vendor to the Purchaser following payment in full in accordance with the conditions. Lot means in each case the Relevant Right to be acquired by the Purchaser from the Vendor relating to the registration mark in such Lot by the Auctioneers. Purchaser means the highest Bidder or the person declared by the Auctioneers as being the Purchaser. Regulations means the Sale of Registration Marks Regulations Relevant Right means a right acquired by the Purchaser from the Vendor to have assigned to an Appropriate Vehicle registered in the name of the Purchaser or a person nominated by him a registration number in accordance with the Regulations. Sale means sale by auction. Schedule means a Schedule to the Sale of Registration Marks Regulations General 1. These conditions shall apply to all lots sold by British Car Auctions Limited (hereinafter called the Auctioneers ) as selling agents for the Secretary of State for Transport (hereinafter called the Vendor ) and shall be binding for every Purchaser and the Vendor. 2. The Vendor reserves the right to fix a reserve or minimum bid price for any Lot. 3. The Vendor reserves the right to withdraw from Sale at any time and without giving any reason for doing so any Lots advertised or catalogued to be offered for sale. 4. The auctioneers reserve the right to withdraw any Lot from Sale, or refuse to take any bid, without explanation even though the Sale may be in progress and the Lot is above reserve. 5. No Relevant Right may be transferred by any Purchaser or where relevant his nominee unless under the Regulations. 6. The Auctioneers cannot accept responsibility for the late arrival and/or non-arrival of the auction catalogue. 7. For security reasons the auction will be recorded on video and audio. 8. The Auctioneers will not be held responsible for any consequences following a force majure leading to the cancellation, postponement or partial completion of an auction. 9. DVLA and the Auctioneers reserve the right to use any details regarding the auction for promotional purposes without revealing the identity of the Purchaser. 10. The Auctioneer will provide to the DVLA details of all the transactions including but not limited to the name and address of the Purchaser and the purchase price paid for the Relevant Right. The DVLA reserves the right to publish the purchase price details provided to it by the Auctioneer in any format it deems fit and the Purchaser hereby agrees to such publication. 11. Any person who makes a bid at the auction regardless of whether or not they have completed a DVLA Auction application will be deemed to have accepted these terms and conditions. Registration 12. The Auctioneers and DVLA at their discretion, reserve the right to refuse entry or eject any person from the auction saleroom, or demand the removal of any apparatus or equipment deemed likely to interfere with the running of the auction. 13. All Bidders must be over 18 years of age and shall apply to the Auctioneers for a Bidder s Number. Prospective Purchasers must complete the DVLA Auction application relevant to the appropriate auction catalogue or online. The Auctioneer reserves the right to refuse an application to register as a Bidder if the applicant completes a DVLA Auction application not relevant to the appropriate auction and/or has a history of late or non-payment relating to the purchase of registrations from the DVLA. 14. The Auctioneer reserves the right to carry out any appropriate financial checks on an individual, business or company to determine the financial standing of the individual, business or company making the application as Purchaser. If you intend to spend over 5,000 you will be required to indicate this when registering and the Auctioneers may request a deposit in the form of cleared funds. 15. No bids will be accepted unless the bidder has first completed and delivered to the Auctioneer a DVLA Auction application either on line or from the auction catalogue prior to the Auction deadline. Bidding 16. The Auctioneer will not start the bidding below the published reserve or minimum bid price. 17. Any dispute as to any bid shall be settled by the Auctioneers in their absolute discretion. 18. Every bidder shall be deemed to act as Purchaser unless he confirms that he is acting as agent and provides the name and address of his Purchaser to the Auctioneers in accordance with condition opposite. The Auctioneer reserves the right to determine the amount of advance of each bid. Registration numbers that do not attract a bid will be declared as unsold by the Auctioneer. 19. Bids will be accepted only from Bidders who have obtained a Bidder Number from the Auctioneers. The Auctioneers, nevertheless, have absolute discretion to refuse any bid without giving a reason. 20. Immediately on the sale of a lot a legally binding contract shall be deemed to have been formed between the Purchaser and the Vendor. The Purchaser shall show his Bidder Number card to the Auctioneer. 21. The Auctioneers shall not be held responsible for any loss of communication or connection between a Bidders internet system or mobile phone or ordinary telephone landline and that of the Auctioneers, however caused. 22. The Auctioneer shall have the discretion to refuse to allow any applicant who wishes to bid via the internet the opportunity of bidding if the Auctioneer is not satisfied that the prospective Purchaser has sufficiently robust or adequate internet software/hardware. The Auctioneer s decision on such a matter shall be final. 23. The Auctioneers do not accept any responsibility for the mis-use of your Bidder s Number or details. 24. Whilst in the case of telephone bids the Auctioneers will use their best endeavors to ring bidders at the appropriate time. The Auctioneers will not be held responsible for any failure for whatsoever reason to make a telephone connection with the Bidder. 25. The Auctioneer has the absolute discretion to refuse admission to the auction. 26. The Auctioneer suggests bidders attend the auction, but will seek to carry out bids received in writing for bidders unable to attend the auction in person which, in the opinion of the Auctioneer, are received in time for the sale of the lot and are clear

11 THE HAYCOCK HOTEL. PETERBOROUGH WEDNESDAY 21. THURSDAY 22. FRIDAY 23. NOVEMBER Auctioneers Conditions of Sale and unambiguous. The Auctioneer shall endeavor to ensure that if identical written bids are received that priority shall be given to the bid received first. However, if there is a bid in the auction room of the same value, this will take priority. 27. Telephone and internet bidding may be offered as an additional service. Bids made by telephone or internet are solely at the bidders risk and the service is provided subject to the Auctioneers other commitments at the time of the auction and therefore the Auctioneer cannot accept any liability if bids received by telephone or internet are not placed. The Auctioneer reserves the right to record telephone bids. 28. Any bid made by an absentee bidder can only be withdrawn if in the opinion of the Auctioneer significant written notice is received prior to the sale of the lot. The Auctioneer cannot accept any liability for failure to withdraw such bids. 29. The Auctioneer has the complete discretion as to the manner in which the auction is conducted and the order in which lots are offered for sale not withstanding any numbers given to lots within the catalogue. 30. The Auctioneer has the sole discretion and the right to refuse any bid, and/or to withdraw a lot from the auction and if a dispute arises to re-auction a lot. Sale 31. On the sale of any Lot the contract shall be deemed to have been made between the Vendor and the Purchaser and neither the Vendor nor the Purchaser nor (where relevant) his nominee (nor any other party) shall have any legal right of action against the Auctioneers in respect of any cause or matter arisen out of the sale. 32. The Purchaser, if, 1. he is acting for a named Company and wishes that person to be named as the Purchaser (for the purposes of the Regulations) on the Certificate of Entitlement, and/ or 2. he is acting for a named Purchaser who wishes some other person to be named as the nominee of that Purchaser (in accordance with the Regulations) on the Certificate of Entitlement, or 3. he is acting as Purchaser and wishes to nominate some other person as his nominee (in accordance with the Regulations) must provide the Auctioneers with the full name(s) and address(es) of the Purchaser and the name of the nominee (as the case may be) to be named on the Certificate of Entitlement as the Purchaser and/or his nominee on the day of the sale Payment 33. Both the agent and Purchaser are equally and severally responsible for payment. 34. All successful bidders must forward payment within 5 working days of the auction. It is of critical importance that funds are readily available to you to pay the purchase price for the Lot in full before you make a bid. A penalty equivalent of 1% of the invoice value may be added if payment is received late. 35. VAT at the current rate is payable on the Bid Price of every Lot. 36. The Purchaser shall pay to the Auctioneers on making payment for the Lot, a premium of 8% of the final bid price (minimum 40), plus VAT on the hammer price and buyer s premium together with the 80 assignment fee. 37. A payment by cheque will not confer upon the Purchaser or the nominated person an entitlement to the Relevant Right until the cheque has been cleared and will not until clearance be deemed to constitute a payment within the meaning of these conditions. A payment by credit card will not confer upon the Purchaser or nominated person an entitlement to the Relevant Right until cleared funds have been received by the Auctioneer from the credit card provider and will not until such time be deemed to constitute Payment within the meaning of these conditions. The Auctioneer is not liable for any disruption and/or failure to the internet based payment system. The Auctioneer reserves the right to withdraw the service at any time with or without notice and the Purchaser must arrange to use an alternate method of payment. If the price of any Lot and any other payment due is not paid in full the Auctioneers/Vendor reserve the right to pursue the Purchaser and legal action will be taken to recover the full or outstanding balance appropriate. If a Purchaser buys more than one Lot, he must have paid for them in full before Certificates will be issued in respect of any of them. When payment in full for all the Lots purchased has been received the Purchaser, or some other person nominated by him in accordance with paragraph of the Schedule, shall be entitled to acquire the Relevant Right. The registered mark described in the Lot may then be assigned to an Appropriate Vehicle registered in the Purchaser s name or that of the nominated person whose name has been provided to the Auctioneers by the Purchaser on the day of the sale. On the sale of a Lot a contract is formed with the Secretary of State for Transport and included in that a contract is deemed to have been formed between the Purchaser and the Auctioneer. In the event of late payment, the Auctioneer reserves the right to recover the amount owing to him and/or deal with the matter in any way they see fit. The Auctioneers retain the right to add a special service charge in the event of late payment. If the full purchase price is not received for a Lot then the Auctioneer will without providing further notice to you and at the Auctioneer s complete discretion be entitled to exercise any of the following:- a. To resell the lot by auction or any other means and reclaim any loss on the resale from any monies already paid by the Purchaser. b. To charge interest on the purchase price at 5% per annum above the bank base lending rate from time to time to be calculated on a daily rate from the date which the purchase price becomes payable to the date of actual payment. c. To deduct from any part payments or deposits already paid, the interest payable, buyers premium and any service charges due. d. To sell any other property in the Auctioneers possession or control for any purpose (including without limitation of the lot sold to you) and to apply any monies due to you as a result such as sale in payment or part payment of the purchase price and/ or towards satisfaction of any amounts owed to the Auctioneer pursuant to these conditions of sale. e. Reject a bid from you at any future sale or require you to pay an amount on account by way of deposit before any bid will be accepted from you at a future sale. f. Such deposit or money on account can be applied by the Auctioneer as payment or part payment towards the purchase price of any future lot for which you are the successful bidder. g. You will indemnify and keep the Auctioneer and the seller fully indemnified against all legal and other costs of enforcement and any other expenses and losses (including the fees to which the Auctioneer is entitled and are incurred by the Auctioneer) and or the seller on a full indemnity basis together with any interest thereon at a rate of 5% per annum above the bank base lending rate to the date upon which the Auctioneer and or the seller becomes liable to pay such costs or incurs such expenses or suffers such losses. DVLA s 10 day cancellation period does not apply to any marks purchased during any DVLA Auction. If you purchase an Unsold Lot after the auction you can cancel your purchase within 10 working days after the date of purchase. To do this you would need to the auctioneers at auction@dvlaauction.co.uk within this time. Applications to cancel made after 10 working days will not be accepted. In your please include: a. The Registration Number you purchased b. Your Bidder Number c. Your full name and address, as it was given at the time of registering as a bidder. If you are applying on behalf of a Company please provide us with your position in that Company. d. A declaration that you will destroy the Certificate of Entitlement (V750), if issued, once we have confirmed that your purchase has been cancelled You will receive a reply within 10 working days of your request. Any refund will be made to the payment card used at the time of purchase. dvlaauction.co.uk/live

12 66 Sale of Registration Marks Regulations Upon the fall of the hammer a legally binding contract is formed between the Purchaser and the Secretary of State for Transport. The Purchaser has 10 years to assign the registration number to a chosen vehicle; the entitlement period can be extended shortly before expiry. Registration numbers can be assigned to a vehicle registered in the name of the Purchaser or a vehicle registered in the name of the Nominee if Nominee details were provided on the bidder registration application. Following a purchase the Nominee details may be changed upon application to the DVLA. There is no fee. The registration number can be assigned to a vehicle which is registered, or about to be registered, in GB or Northern Ireland and which is an appropriate age to receive the registration number. At the time of assignment the vehicle must be licensed, of a testable type and have a test certificate in force, if applicable. Once the registration has been assigned it may be transferred to another vehicle subject to the DVLA s transfer rules. It is an offence to mis-represent the registration number in any way. Sale of Registration Marks Regulations can be found at: If you are unsure about any of these terms and conditions please contact DVLA Personalised Registrations on or visit the information desk at the auction.

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