37Pre-sale disclosure requirements for used motor vehicles

37 Pre-sale disclosure requirements for used motor vehicles

(1)  A licensed motor vehicle trader must display in, on or attached to a used motor vehicle which is offered for sale or exchange a pre-sale disclosure statement that complies with the regulations.

Penalty:  In the case of –

(a) a body corporate, a fine not exceeding 400 penalty units; or

(b) an individual, a fine not exceeding 100 penalty units.

(2)  Subsection (1) does not apply if the used motor vehicle is only offered for sale or exchange to other licensed motor vehicle traders.

(3)  A licensed motor vehicle trader must not knowingly or recklessly make a statement or representation in a pre-sale disclosure statement that is false or misleading.

Penalty:  In the case of –

(a) a body corporate, a fine not exceeding 400 penalty units; or

(b) an individual, a fine not exceeding 100 penalty units.