Australian Capital Territory Numbered Acts

SALE OF MOTOR VEHICLES (AMENDMENT) ACT (NO. 48 OF 1995) - SECT 25

25. Section 26 of the Principal Act is amended—

    (a)     by omitting subsection (1) and substituting the following subsections:

“(1) In this section—

‘trade vendor' means a licensed dealer or a licensed wholesaler.

“(1A) Where a trade vendor (in this subsection called ‘the seller') sells a second-hand motor vehicle to another trade vendor (in this subsection called ‘the buyer'), the seller shall, at the time of the sale or of giving possession of the vehicle to the buyer, whichever is the earlier, give the buyer or cause to be given to the buyer a notice containing the required particulars.

Penalty:

        (a)     if the offender is a natural person—5 penalty units;

        (b)     if the offender is a body corporate—25 penalty units.”;

    (b)     by omitting from subsection (2) “licensed dealer” and substituting “trade vendor”; and

    (c)     by omitting the penalty provision at the foot of subsection (2) and substituting the following penalty provision:

“Penalty:

        (a)     if the offender is a natural person—5 penalty units;

        (b)     if the offender is a body corporate—25 penalty units.”.