Duties Act 2001

This section applies if—

under section 389, vehicle registration duty is not imposed on an application to register a vehicle in the name of a vehicle dealer or to transfer a vehicle to a vehicle dealer; and

the vehicle dealer sells the vehicle.

The vehicle dealer must—

give the purchaser of the vehicle a statement showing the consideration for the purchase of the vehicle and the value of any trade-in; and

keep a copy of the statement.

Maximum penalty—100 penalty units.

Note—See the Administration Act, section 118 (Period for keeping records).