I have a '49 Dodge ute with the Red plate club. RPC is all above board , The ute is all original with exception of 4 wheel disc brakes , so its on M plates rather than H plates , its all too easy.
I'll be switching my '52 Power Wagon over to club plates too , its on full rego but I only drive it about once every 2 months. Its got disc brakes and power steering so I expect it'll be on M plates too.
Ive been pulled over twice in the ute now to check that ive filled in the log book. don't abuse the system.

