QLDIn ForceAct
Motor Dealers and Chattel Auctioneers Act 2014
sec.86Trade-ins
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### sec.86 Trade-ins
A motor dealer must not accept a trade-in from the buyer of a motor vehicle being sold on consignment.
Maximum penalty—200 penalty units or 1 year’s imprisonment.
However, the motor dealer does not contravene subsection (1) if the dealer purchases the motor vehicle offered as a trade-in as part of a separate transaction between the dealer and the buyer.
(sec.86-ssec.1) A motor dealer must not accept a trade-in from the buyer of a motor vehicle being sold on consignment. Maximum penalty—200 penalty units or 1 year’s imprisonment.
(sec.86-ssec.2) However, the motor dealer does not contravene subsection (1) if the dealer purchases the motor vehicle offered as a trade-in as part of a separate transaction between the dealer and the buyer.