Special requirements relating to motor vehicles
5A Special requirements relating to motor vehicles
Despite any other provision of this Act, if unclaimed goods consist of or include a motor vehicle within the meaning of the Personal
Property Securities Act 2009 of the Commonwealth, the motor vehicle will not vest in the recipient and may not be disposed of by the recipient under this Act unless—
the recipient of the goods has searched the PPS Register for data relating to the motor vehicle; and
the recipient of the goods has given each person with a registered interest in the motor vehicle under the PPS Register a notice that complies with subsection (2);
and
at least—
in the case of a motor vehicle the value of which lies within scale 1—14 days; or
in the case of a motor vehicle the value of which lies within scale 2—28 days; or
in the case of a motor vehicle the value of which lies within scale 3—60 days, has elapsed since each person with a registered interest in the motor vehicle under the PPS Register was given such a notice.
A notice to be given for the purposes of subsection (1)(b) must—
identify the motor vehicle; and
specify that the motor vehicle is unclaimed and liable to vest in, or disposed of by, the recipient in accordance with this Act; and
contain any other prescribed information.
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