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MOTOR VEHICLE TRADERS AMENDMENT BILL 52 OF 2011

                          FACTS SHEET

         Motor Vehicle Traders Amendment Bill 2011

The Motor Vehicle Traders Act 2011 prescribes a positive licensing
requirement for motor vehicle traders, imposes disclosure,
statutory warranty and other obligations on traders, and contains a
range of offences. The Act, and regulations under the Act, have
not yet commenced.

Currently, in order for motor vehicle traders to avoid paying duty on
the transfer of motor vehicle registration, an exemption certificate
must be obtained. The State Revenue Office grants exemption
certificates for 12 months. Current exemption certificates expire
on 31 March 2012.

Grant of duty exemption will be automatic on issuance of a motor
vehicle traders licence under the Motor Vehicle Traders Act 2011.
Since current duty exemptions expire on 31 March 2012 it will be
necessary to issue all licences effective 1 April 2012.
The Act as currently drafted makes it an offence to trade in motor
vehicles without a licence. However there is no statutory authority
to assess applications, or issue licences, until the Act commences.
Therefore it is necessary to amend the Act to allow for different
provisions to commence on different dates, including some
consequential amendments.
The Motor Vehicle Traders Amendment Bill 2011 amends the
Motor Vehicle Traders Act 2011 in order to allow for staged
commencement of that Act.

 


 

 


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