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What is the News?
The Ministry of Law has approved the Draft Vintage Cars Policy. The policy seeks to amend the Central Motor Vehicle Rules,1989. The rules will soon be notified by the Ministry of Road Transport and Highways.
Key Features of the Policy:
Definition of Vintage Cars:
- The policy defined Vintage Motor Vehicles as all those vehicles that are two-wheelers and four-wheelers and are more than 50 years old from the date of their first registration. Further, the Vehicle should not have undergone any substantial overhaul.
Registration of Vintage Cars:
- Vehicles that already carry a registration number would be allowed to retain it.
- However, vintage cars that are registered afresh, such as those that are imported into the country, would be assigned an identifier “VA” in the registration number.
- The fees for a new registration would be ₹20,000 and subsequent re-registration would cost ₹5,000.
- Moreover, all vintage vehicles would also be exempted from the provisions of the High-Security Registration Plate recently made mandatory by the government.
Use of Vintage Cars:
- Vintage vehicles would neither be permitted on the road for regular purposes nor would they be used for commercial purposes. They would be allowed only during exhibitions.
Sale of Vintage Cars:
- The sale and purchase of registered vintage vehicles are permissible, provided the buyer and seller inform respective State Transport Authorities.
