(1)  If an insurer, loss assessor, dealer, auto-parts dismantler or auction house in the course of business assesses as a total loss an affected vehicle, that person must notify the Registrar of that assessment –

(a) within 7 days after making the assessment; or

(b) if the vehicle or any part of the vehicle is sold or otherwise disposed of before the end of that 7 day period, before selling or otherwise disposing of the vehicle or that part.

Penalty:  In the case of –

(a) a first offence, a fine not exceeding 20 penalty units; and

(b) a second or subsequent offence, a fine not exceeding 40 penalty units.

(2)  If a person who, on behalf of an insurer, loss assessor, dealer, auto-parts dismantler or auction house, has the responsibility of notifying the Registrar as required by subregulation (1) does not do so, both that person and the insurer, loss assessor, dealer, auto-parts dismantler or auction house are guilty of the offence.

(3)  If an entry in respect of the affected vehicle exists in a register kept under regulation 124 , subregulation (1) applies even if the affected vehicle is situated outside Tasmania when the assessment that it is a total loss is made.

(4)  A notification under subregulation (1) is to be in a form approved by the Registrar and contain the following information:

(a) the registration number of the vehicle, if any;

(b) the identification number and vehicle identifier of the vehicle;

(c) the make of the vehicle;

(d) whether the vehicle is a motor car, motor bike or trailer;

(e) whether the damage to the vehicle is caused by hail, water, impact, fire or stripping;

(f) the location and severity of the damage to the vehicle, described by reference to codes or terms as approved by the Registrar from time to time;

(g) the date on which the vehicle is assessed as a total loss;

(h) the name and address of the insurer, loss assessor, dealer, auto-parts dismantler or auction house making the notification;

(i) whether the vehicle is a statutory write-off or a repairable write-off;

(j) the date on which the written-off vehicle label was affixed to the vehicle;

(k) such other information as the Registrar requires.

(5)  An insurer, loss assessor, dealer, auto-parts dismantler or auction house is not required to provide a notification under subregulation (1) in respect of the assessment of an affected vehicle as a total loss if such a notification has already been provided by another of those persons.