73BOn-going registration

73B On-going registration (1) Without limiting its discretion otherwise to do so, a relevant corporation may refuse to register a vehicle unless the vehicle is the subject of an agreement that is wholly or partly in writing between the relevant corporation and the person seeking registration. (2) Without limiting the matters about which an agreement referred to in subsection (1) may provide, it may— (a) be expressed as having force for a specified period or until the happening of a specified event or for an unlimited period; and (b) contain specified terms including conditions of use and procedures to be followed to settle disputes that arise under the agreement; and (c) specify the circumstances in which, and procedure by which, the agreement, or the registration under this Part of a vehicle that is the subject of the agreement, may be cancelled or suspended. (3) The agreement by a relevant corporation to register a vehicle under this Part is sufficient consideration on the part of the relevant corporation for an agreement referred to in subsection (1). S. 73C inserted by No. 102/1998 s. 15.