103Motor vehicle brokers’ obligations

#### 103 Motor vehicle brokers’ obligations 103 Motor vehicle brokers’ obligations > > (1) A person is a motor vehicle broker for the purposes of this Act if the person carries on the business (other than as a retailer or on a wholesale basis or as a financier) of negotiating on behalf of other persons for the purchase of motor vehicles by those persons and of advising other persons on the purchase of motor vehicles. > > > (2) A motor vehicle broker must disclose to any person to whom the person provides services in the course of business as a motor vehicle broker— > > > > > (a) whether the motor vehicle broker has a financial or other business relationship with the supplier of a motor vehicle in relation to which the services are provided, and > > > > > (b) whether the motor vehicle broker receives a fee or other consideration from the supplier arising out of the provision of those services. > > > (3) The disclosure must be made before the motor vehicle broker provides services in that capacity. > > > (4) A motor vehicle broker who fails to comply with this section is guilty of an offence. > > > > Maximum penalty—50 penalty units. > > **s 103:** Am 2023 No 28, Sch 1\[13\].