58CRegistration of vehicles

#### 58C Registration of vehicles (1) Notwithstanding anything in the Motor Traffic Ordinance, the Registrar shall not register a vehicle unless: (a) he is satisfied that the registration is exempt from tax by virtue of subsection 6(1) of the Taxing Act, otherwise than by virtue of an application of section 7 of that Act; (aa) the Registrar is satisfied that the registration is exempt from tax under section 3A of the Taxing Act; (b) the application for the registration is accompanied by a certificate or certificates issued under section 58D in respect of the vehicle to the person or persons in whose name or names the registration is made, and the registration is not made in the name of any other person; (c) the registration is solely in the name of a person who certifies, in accordance with an approved form, that: (i) he is carrying on a business in respect of which he is a licensed dealer under the Sale of Motor Vehicles Ordinance 1977 of the Australian Capital Territory; and (ii) the vehicle is held by him as trading stock for resale in the course of carrying on that business; (ca) the registration is solely in the name of a person who certifies, in accordance with an approved form, that: (i) he is carrying on a business in respect of which he is licensed or registered by or under a law that is prescribed for the purposes of paragraph 6(2)(f) of the Taxing Act; and (ii) the vehicle is held by him as trading stock for resale in the course of carrying on that business; or (d) the applicant for the registration tenders the amount of tax payable in respect of the registration, and the application for the registration is accompanied by a statement by the applicant, in accordance with an approved form, of: (i) the amount that, to the best of his knowledge and belief, is or will be the market value of the vehicle as at the time when the application is made; and (ii) such other information as is required by the form. (2) For the purposes of the application of subsection (1) in relation to the registration of a vehicle, but for no other purpose, the market value of the vehicle shall be taken to be the amount stated under paragraph (1)(d) in relation to that registration. (3) A person claiming exemption of the registration of a vehicle from tax by virtue of subsection 6(1) of the Taxing Act shall furnish to the Registrar such information as the Registrar requires.