sec.6Statements by field agents

sec.6 Statements by field agents

This section applies to a field agent who repossesses a chattel that is subject to a bill of sale, chattel lease agreement or hire purchase agreement. The field agent must— within 7 days after the repossession, sign 3 copies of a statement containing the following particulars— the principal field agent’s name; the date of repossession; the name of the person from whom the chattel was repossessed; the address from where the chattel was repossessed; if more than 1 chattel was repossessed, the number of chattels repossessed; a description of each chattel repossessed; and give a copy of the statement to the field agent’s client; and give a copy of the statement to the person from whom the chattel was repossessed; and keep a copy of the statement at the field agent’s place of business or registered office. Maximum penalty—10 penalty units. For subsection (2) (c) , the field agent gives a copy of the statement to the person from whom the chattel was repossessed if the copy— is given personally to the person; or is left in a conspicuous position at the person’s place of residence or registered place of business last known to the field agent; or is sent by post to the person’s place of residence or registered place of business last known to the field agent. In this section— registered place of business , for a person, means a place of business for the person for which a record is maintained by ASIC. (sec.6-ssec.1) This section applies to a field agent who repossesses a chattel that is subject to a bill of sale, chattel lease agreement or hire purchase agreement. (sec.6-ssec.2) The field agent must— within 7 days after the repossession, sign 3 copies of a statement containing the following particulars— the principal field agent’s name; the date of repossession; the name of the person from whom the chattel was repossessed; the address from where the chattel was repossessed; if more than 1 chattel was repossessed, the number of chattels repossessed; a description of each chattel repossessed; and give a copy of the statement to the field agent’s client; and give a copy of the statement to the person from whom the chattel was repossessed; and keep a copy of the statement at the field agent’s place of business or registered office. Maximum penalty—10 penalty units. (sec.6-ssec.3) For subsection (2) (c) , the field agent gives a copy of the statement to the person from whom the chattel was repossessed if the copy— is given personally to the person; or is left in a conspicuous position at the person’s place of residence or registered place of business last known to the field agent; or is sent by post to the person’s place of residence or registered place of business last known to the field agent. (sec.6-ssec.4) In this section— registered place of business , for a person, means a place of business for the person for which a record is maintained by ASIC.