New South Wales Consolidated Acts

MOTOR DEALERS AND REPAIRERS ACT 2013 - SECT 120

120 Effect of rescission orders on rights

(1) On the rescission of the sale of a motor vehicle under this Division, the liabilities and rights of the purchaser of the motor vehicle under a credit contract under which credit is provided by a person who is a linked credit provider of the motor dealer for the purpose of financing the whole or part of the purchase--

(a) are, by force of this section, transferred to the motor dealer, and

(b) subject to this section, may be enforced against the motor dealer as if the motor dealer were the purchaser.

(2) On the rescission of the sale of a motor vehicle under this Division, the rights and liabilities of the parties to the contract for the sale of the motor vehicle or any such credit contract are, despite any other law, as specified in the rescission order and any ancillary or consequential orders.