18C—Legal title to vehicle remains with dealer during cooling-off period
Subject to an agreement in the approved form between a dealer and a purchaser
under a contract for the sale of a second-hand vehicle to which
section 18B applies, the following provisions apply in respect of the
contract:
(a)
legal title to the vehicle does not pass from the dealer to the purchaser
until the expiration of the cooling-off period in relation to the contract;
(b) the
dealer is entitled to retain possession of the vehicle during the cooling-off
period;
(c) the
dealer must allow the purchaser, or a person nominated by the purchaser,
reasonable access to the vehicle during the cooling-off period for the purpose
of test driving or inspecting the vehicle;
(d)
neither the dealer nor the purchaser, nor a person acting on behalf of the
dealer or the purchaser, may drive the vehicle more than 100 kilometres during
the cooling-off period;
(e) the
dealer must ensure during the cooling-off period that the vehicle—
(i)
is roadworthy; and
(ii)
is insured against loss or damage; and
(iii)
is registered, or bears trade plates, and is insured in
accordance with the requirements of the Motor Vehicles Act 1959 .