40Repossession and restoration

#### 40 Repossession and restoration 40 Repossession and restoration (cf 2007 reg cl 35) > > (1) The holder of a security interest in a registered registrable vehicle must notify Transport for NSW, and apply for transfer of the vehicle, not more than 14 days after— > > > > > (a) taking possession of the vehicle from the registered operator of the vehicle, or > > > > > (b) returning possession of the vehicle to the registered operator of the vehicle. > > > (2) The notification and application must be in a form approved by Transport for NSW. > > > (3) The application must be accompanied by the applicable fee for transfer of registration of the vehicle.