Motor Dealers and Chattel Auctioneers Regulation 2014
sec.43Surrendered registration certificate
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sec.43 Surrendered registration certificate
This section applies if— the term of registration as a motor salesperson is 3 years; and the registration certificate for the registration is surrendered before the term expires. For each whole year the registration is unexpired, an amount must be refunded that is equal to the registration certificate renewal fee for 1 year that was payable when the fees for the term of registration were paid. (sec.43-ssec.1) This section applies if— the term of registration as a motor salesperson is 3 years; and the registration certificate for the registration is surrendered before the term expires. (sec.43-ssec.2) For each whole year the registration is unexpired, an amount must be refunded that is equal to the registration certificate renewal fee for 1 year that was payable when the fees for the term of registration were paid.
- (a) the term of registration as a motor salesperson is 3 years; and
- (b) the registration certificate for the registration is surrendered before the term expires.