54Selling rights to non-standard registration numbers

54 Selling rights to non-standard registration numbers (1) The road transport authority may, on behalf of the Territory, sell rights to non-standard registration numbers in the way, and at the times, the authority considers appropriate. (2) Subsection (1) does not apply to a non-standard registration number for which a person has a prescribed right. (3) The road transport authority must decide in writing the conditions on which rights may be sold and the conditions subject to which rights may be exercised.

(4) Without limiting subsection (3), a right may be sold on conditions that allow the road transport authority, on behalf of the Territory, to extend the term of the right on application by the owner of the right.