MAI policy cancellation—trader’s plates
312 MAI policy cancellation—trader’s plates
An MAI policy for a motor vehicle with a trader’s plate attached is cancelled if—
the road transport authority requires the person to whom the trader’s plate was issued to return the plate to the authority under either of the following provisions of the Road Transport (Vehicle Registration) Regulation 2000:
section 89 (Recall of trader’s plates);
section 101 (Return of trader’s plate); or
the trader’s plate is surrendered to the road transport authority under the Road Transport (Vehicle Registration) Regulation 2000, section 102.
However, the MAI policy is not cancelled if the person returns the trader’s plate and the road transport authority issues a replacement trader’s plate to the person under the Road Transport (Vehicle Registration) Regulation 2000, section 89 (3).
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