63Additional requirement for disposal of motor vehicles

63 Additional requirement for disposal of motor vehicles A receiver must not dispose of a motor vehicle that is of a high value unless the receiver has obtained in relation to that motor vehicle a written search result under section 170(2)(b) of the Personal Property Securities Act 2009 of the Commonwealth. Penalty: 60 penalty units, in the case of a natural person; 120 penalty units, in the case of a body corporate.