49Surrender of registration

49 Surrender of registration

(1) The person in whose name a commercial passenger vehicle is registered under this Part may apply in writing to the regulator for consent to surrender the registration of that vehicle.

(2) Subject to subsection (3), on receiving an application under subsection (1), the regulator must consent to the surrender.

(3) The regulator may impose any condition on the grant of the consent that the regulator considers necessary to protect the interests of a third party.

S. 49(3A) inserted by No. 34/2023 s. 14.

(3A) If the regulator imposes a condition under subsection (3), the regulator must inform the person that they have a right to seek review of the regulator's decision under Part 12.

(4) A person commits an offence if—

(a) the regulator imposes a condition on a consent to surrender the registration of a commercial passenger vehicle; and

(5) A person who commits an offence against subsection (3) is liable to a penalty not exceeding 20 penalty units.

Division 4—Miscellaneous

New s. 50 inserted by No. 63/2017 s. 18.