39Obligations of acquirers

#### 39 Obligations of acquirers 39 Obligations of acquirers (cf 2007 reg cl 34) > > (1) A person, or the agent of a person, who acquires a registered registrable vehicle must, within 14 days after acquiring the vehicle— > > > > > (a) apply to Transport for NSW, in the form approved by Transport for NSW, to transfer the registration of the vehicle to the acquirer, and > > > > > (b) pay the applicable fee for transfer of the registration of the vehicle and any duty payable under applicable duty legislation, and > > > > > (c) if the vehicle is acquired in accordance with an order of a court in Australia or with any other legal process, provide Transport for NSW with evidence of the court order or process. > > > > Maximum penalty—20 penalty units. > > > (2) If the applicable fee referred to in subclause (1) includes an additional amount payable by reason of the making of the application after a date or period, Transport for NSW may in a particular case exempt an applicant from liability to pay that additional amount if Transport for NSW is satisfied there is sufficient cause for doing so. > > > (3) A person, or the agent of a person, who acquires a registered registrable vehicle is not required to pay the applicable fee referred to in subclause (1) if the person is any of the following— > > > > > (a) a veteran to whom section 22, 23 or 24 of the [Veterans’ Entitlements Act 1986](http://www.legislation.gov.au/) of the Commonwealth applies, > > > > > (b) a member or former member (within the meaning of the [Military Rehabilitation and Compensation Act 2004](http://www.legislation.gov.au/) of the Commonwealth) who suffers from an impairment assessed under that Act to constitute at least 50 impairment points, and who is eligible for, in receipt of, or has at any time received compensation or a special rate disability pension under that Act. > > > (4) This clause does not apply to the passing of possession of a registrable vehicle— > > > > > (a) under any hiring (not being a hiring under a hire-purchase agreement) or under any lending (not being a lending under a lease agreement) of a registrable vehicle, or > > > > > (b) to an agent for the purposes of sale or disposal, or > > > > > (c) to a bailee for the purpose of alteration, repair, renovation, garaging, storing or any other similar purpose not involving the use of the vehicle for the benefit of the bailee.