No proof of payment required for vehicle transfer between family members

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KUWAIT CITY, Sept 18: The Assistant Undersecretary for Traffic and Operations Affairs Major General Jamal Al-Sayegh told Al-Rai daily if the transfer of vehicle is between family members (father, son, brothers, husband and wife) they need not submit proof of payment, reports Al-Rai daily. This is to confirm what as published earlier that during the transfer of vehicles the concerned parties must declare mode of payment. Al-Sayegh explained that if the vehicle is gifted the owner of the vehicle must sign a document at the GTD headquarters in this regard. He also explained to Al-Rai that this system is not strange and exists in most countries to ensure the deal is made through legal sources and ensure black money is not involved.

This news has been read 19383 times!

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