Clear title for used motor vehicle
36 Clear title for used motor vehicle
In this section – encumbrance means a security interest, within the meaning of the Personal Property Securities Act 2009 of the Commonwealth as in force from time to time, in relation to a motor vehicle.
If a licensed motor vehicle trader sells, or supplies on exchange, a used motor vehicle, he or she must pass the title to the motor vehicle free from all encumbrances and interests. In the case of – a body corporate, a fine not exceeding 1 000 penalty units; or an individual, a fine not exceeding 200 penalty units.
Subsection (2) does not apply to the sale, or supply on exchange, of a motor vehicle by a licensed motor vehicle trader acting on consignment.
This Act’s bill:Explanatory notesSecond reading speech
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