(1) A vehicle that is an antique vehicle may be registered for a permanent registration period as described under ORS § 803.400 by doing the following:

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(a) Making application for permanent registration of the vehicle in the manner provided for application for registration of vehicles.

(b) Paying the fee for permanent registration of antique vehicles under ORS § 803.420.

(2) Once a vehicle is permanently registered as an antique vehicle under this section, the vehicle is subject to the limitations on use of the vehicle under ORS § 805.030. [1983 c.338 § 238; 2003 c.122 § 3]