Victorian Numbered Regulations

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MOTOR CAR TRADERS REGULATIONS 2008 (SR NO 144 OF 2008) - REG 10

Notice and abandonment of right to cool off

    (1)     For the purposes of section 43(1B), the form advising of the right to terminate an agreement and acknowledging that the right to terminate an agreement no longer applies is Form 4.

    (2)     Form 4 must be printed or typed in black letters against a white background in at least 12 point type and must contain the statements "SUMMARY", "YOUR RIGHT TO COOL OFF", "DETAILS OF CAR", "PENALTY IF YOU ELECT TO COOL-OFF ON THIS CAR PURCHASE" and " WAIVING YOUR COOLING-OFF RIGHTS" printed or typed in red in point type at least three times larger than the point type otherwise appearing in the document.

    (3)     Form 4 must not be attached to, or incorporated with, any other document.

    (4)     Despite subregulation (2), the details to be entered in Form 4 regarding the make, model, registration, engine or other identifying number of the vehicle, the identity of the selling trader and the date that the purchaser signed the form, need not be printed or typed provided that they are clearly legible.



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