Duties Act 1999

Duty under this chapter is not payable on an application to register a motor vehicle if—

the applicant is in the business of financing the purchase or use of motor vehicles; and

the vehicle was repossessed by, or voluntarily surrendered to, the applicant; and

the applicant, in the course of that business, does not dispose of a repossessed or surrendered vehicle except by public tender or public auction or through a person who is a licensed vehicle dealer.