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Repossession of motor vehicles to be reported

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Part 3Regulation of activities

22 Repossession of motor vehicles to be reported

An agent who takes possession of a motor vehicle that is subject to a security interest must—

(a)

as soon as practicable after taking possession of the motor vehicle, inform a police officer on duty at the police station nearest to the place where the agent took possession of the vehicle; and

(b)

within 24 hours after taking possession of the motor vehicle, deliver or send by post to the police officer in charge of the police station nearest to the agent's address for service1, written particulars in duplicate of the motor vehicle, including particulars of the registered number of the vehicle.

Maximum penalty: Maximum penalty: $2 500.

Note1 See section 46(2).

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