41Duty to notify of certain changes

41 Duty to notify of certain changes

(1)  If a licensed motor vehicle trader becomes aware of any change in circumstances that have resulted in the trader not being a fit and proper person to hold a motor vehicle trader licence, the trader must notify the Director in writing of that change as soon as practicable.

Penalty:  In the case of –

(a) a body corporate, a fine not exceeding 40 penalty units; or

(b) an individual, a fine not exceeding 10 penalty units.

(2)  A licensed motor vehicle trader must notify the Director in writing as soon as practicable after any change in any of the following information occurs:

(a) the name of the licensed motor vehicle trader;

(b) the address or telephone number of the principal or registered office, or principal place of business, of the licensed motor vehicle trader;

(c) the email address of the licensed motor vehicle trader;

(d) any other prescribed information.

Penalty:  In the case of –

(a) a body corporate, a fine not exceeding 40 penalty units; or

(b) an individual, a fine not exceeding 10 penalty units.