76Receiver to provide purchaser of motor vehicle with receipt

76 Receiver to provide purchaser of motor vehicle with receipt (1) If a receiver sells a motor vehicle under Division 2, the receiver must provide the purchaser with a receipt that complies with this section. Penalty: 10 penalty units, in the case of a natural person; 50 penalty units, in the case of a body corporate. (2) The receipt must contain the following— (a) if the receiver is a natural person, the receiver's full name, address and date of birth; (b) if the receiver is a body corporate, the receiver's business name and address and ABN; (c) the vehicle's last registration number (if available) and vehicle identification number; (d) the purchaser's full name, address and date of birth; (e) the date of sale; (f) the sale price; (g) the name of the owner of the vehicle; (h) any other prescribed information. (3) The receipt must state that the vehicle has been disposed of under this Part and must be signed by both the purchaser and the receiver.