72Ongoing registration agreements

72 Ongoing registration agreements

(1) Without limiting its discretion otherwise to do so, the relevant North East Link Tolling Corporation may refuse to register a vehicle if the vehicle is not the subject of an ongoing registration agreement that is wholly or partly in writing between the relevant North East Link Tolling Corporation and the person seeking registration.

(2) Without limiting the matters for which an ongoing registration agreement may provide, it may—

(a) be expressed as having force for a specified period or until the happening of a specified event or for an unlimited period; and

(b) contain specified terms including conditions of use and procedures to be followed to settle disputes that arise under the agreement; and

(c) specify the circumstances in which, and procedures by which, the agreement, or the registration under this Part of a vehicle that is the subject of the agreement, may be cancelled or suspended.

(3) The agreement by the relevant North East Link Tolling Corporation to register a vehicle under this Part is sufficient consideration on the part of the relevant North East Link Tolling Corporation for an ongoing registration agreement.