Pre-sale disclosure requirements for used motor vehicles
37 Pre-sale disclosure requirements for used motor vehicles
A licensed motor vehicle trader must display in, on or attached to a used motor vehicle which is offered for sale or exchange a pre-sale disclosure statement that complies with the regulations. In the case of – a body corporate, a fine not exceeding 400 penalty units; or an individual, a fine not exceeding 100 penalty units.
Subsection (1) does not apply if the used motor vehicle is only offered for sale or exchange to other licensed motor vehicle traders.
A licensed motor vehicle trader must not knowingly or recklessly make a statement or representation in a pre-sale disclosure statement that is false or misleading. In the case of – a body corporate, a fine not exceeding 400 penalty units; or an individual, a fine not exceeding 100 penalty units.
This provision refers to the regulations (the regulations
). Made under this Act:
- Motor Vehicle Traders Regulations 2022
- Proclamation under the Motor Vehicle Traders Act 2011 (SR 2011 No. 136) · Statutory Rule · under section 2
- Proclamation under the Motor Vehicle Traders Act 2011 (SR 2012 No. 6) · Statutory Rule · under section 2
This Act’s bill:Explanatory notesSecond reading speech
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