sec.396Obligations of vehicle dealers

### sec.396 Obligations of vehicle dealers This section applies if— under section 389 , vehicle registration duty is not imposed on an application to register a vehicle in the name of a vehicle dealer or to transfer a vehicle to a vehicle dealer; and the vehicle dealer sells the vehicle. The vehicle dealer must— give the purchaser of the vehicle a statement showing the consideration for the purchase of the vehicle and the value of any trade-in; and keep a copy of the statement. Maximum penalty—100 penalty units. See the Administration Act , section 118 (Period for keeping records). (sec.396-ssec.1) This section applies if— under section 389 , vehicle registration duty is not imposed on an application to register a vehicle in the name of a vehicle dealer or to transfer a vehicle to a vehicle dealer; and the vehicle dealer sells the vehicle. (sec.396-ssec.2) The vehicle dealer must— give the purchaser of the vehicle a statement showing the consideration for the purchase of the vehicle and the value of any trade-in; and keep a copy of the statement. Maximum penalty—100 penalty units. See the Administration Act , section 118 (Period for keeping records). - (a) under section 389 , vehicle registration duty is not imposed on an application to register a vehicle in the name of a vehicle dealer or to transfer a vehicle to a vehicle dealer; and - (b) the vehicle dealer sells the vehicle. - (a) give the purchaser of the vehicle a statement showing the consideration for the purchase of the vehicle and the value of any trade-in; and - (b) keep a copy of the statement.