The Punjab Motor Vehicle Ordinance has been modified to impose penalties for late vehicle ownership transfers.
Rule 47 of the Punjab Motor Vehicle Ordinance, 1969 has been amended to ease ownership transfer delays, according to the excise department.
A charge of Rs 10,000 would be imposed under the new system for delays between 31 and 60 days. The penalties rose to Rs 20,000 for delays ranging from 61 to 90 days. A punishment of Rs30,000 would be imposed for a delay of 91 to 120 days.