Motor Vehicle Traders Act 2011
SCHEDULE 1A - Further ConsequeSCHEDULE 1A - Further Consequential Amendments
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SCHEDULE 1A - Further Conseque SCHEDULE 1A - Further Consequential Amendments
[Schedule 1A Inserted by No. 38 of 2011, s. 7, Applied:31 Dec 2011] [Schedule 1A Substituted by No. 38 of 2011, s. 7, Applied:01 Apr 2012]
1. Section 3 is amended as follows:
(a) by inserting the following definition after the definition of lease :
licensed motor vehicle trader means a person who holds a motor vehicle trader licence under the Motor Vehicle Traders Act 2011;
(b) by inserting the following definition after the definition of motor vehicle :
motor vehicle trader licence has the same meaning as in the Motor Vehicle Traders Act 2011;
2. Section 204 is repealed and the following section is substituted:
204. Exemptions for motor dealers
Duty under this Chapter is not payable by –
(a) a licensed motor vehicle trader in respect of the registration or transfer of a motor vehicle acquired and used for a purpose specified in section 214(1) ; or
(b) a motor dealer who holds an exemption certificate in respect of the registration or transfer of a type of motor vehicle specified in that certificate acquired and used solely for a purpose specified in section 214(1) .