60Certain persons may apply for compensation

60 Certain persons may apply for compensation (1) A person, other than a trade owner, who suffers financial loss in connection with a motor vehicle because of the failure of a licensed dealer to comply with an obligation imposed on him or her by this Act or because of the failure of a licensed dealer to pass an unencumbered title to the vehicle may apply to the commissioner for compensation under this part in relation to that loss. (2) An application for compensation under this part shall be made by giving the commissioner written particulars of the claim. Note It is an offence to make a false or misleading statement, give false or misleading information or produce a false or misleading document (see Criminal Code, pt 3.4). (3) An application for compensation under this part shall not be accepted by the commissioner unless it is made within a period of 6 months after the applicant becomes aware of the loss or within the further time (if any) that the commissioner, either before or after the end of that period, allows.