Section 17: Transfer of ownership

17. Transfer of ownership (1) Subject to subsections (2) and (3), where a transfer in the ownership of a motor vehicle or trailer occurs— (a) the owner and the new owner shall forthwith sign a deed in such form as may be approved by the Commissioner, or where there is no deed, the owner shall forthwith sign a declaration, witnessing the transfer of ownership drawn up in four identical originals on paper of size A4, and such deed or declaration shall be in conformity with section 19; (b) the owner shall, within 15 days of the date of the deed of transfer or declaration, deposit with, or send by registered post to the— (i) Commissioner, the first of the 4 originals referred to in paragraph (a); (ii) person from whom he holds a policy of insurance or security in respect of third party risks as required by Part V, the second of the four originals referred to in paragraph (a); (c) the owner shall deliver to the new owner the registration book of the motor vehicle or trailer together with its licence, a “certificat de gage sans dèplacement” in respect of the vehicle and the remaining two originals referred to in paragraph (a); (d) the new owner shall, within 15 days of the date of the deed of transfer or declaration, present the remaining 2 originals referred to in paragraph (a) together with the registration book and other relevant documents to the Commissioner who, subject to section 20C, shall, upon payment of the appropriate registration fee specified in the Third Schedule— (i) register him as the owner of the motor vehicle or trailer in the register; (ii) return one of the originals to the new owner after completion of the registration; and (iii) keep the other original for a maximum period of 5 years. R (A3) – 11 [Issue 1] Road Traffic (Amendment No. 2) Act 2006 (2) Notwithstanding subsection (1) (d), the registration fee chargeable on the transfer of a leased vehicle to a lessee on the expiry of a lease agreement shall be 10 per cent of the fee specified in the Third Schedule. (3) Notwithstanding subsection (1) (d), the registration fee chargeable on the transfer of a motor vehicle— (a) from an ascendant to a descendant; (b) between spouses; or (c) registered on the name of a deceased person to his heir; (d) from an amalgamating company to an amalgamated company, shall be 500 rupees or such other fee as may be prescribed.