sec.37Second-hand dealer must keep a transactions register

### sec.37 Second-hand dealer must keep a transactions register A second-hand dealer must keep a printed or an electronic register of transactions ( transactions register ), in a way prescribed under a regulation, for each authorised place for the second-hand dealer’s licence. Maximum penalty—200 penalty units. The second-hand dealer must, before or immediately after each second-hand property transaction at an authorised place, enter in the transactions register for the place the particulars prescribed under a regulation for the transaction. Maximum penalty—200 penalty units. A second-hand dealer must not separate second-hand property into parts to avoid entering the particulars for a second-hand property transaction. Maximum penalty—200 penalty units. If the second-hand property transaction happens at a place other than an authorised place, the second-hand dealer must, as soon as practicable after the transaction, enter in the transactions register for the second-hand dealer’s principal place of business the particulars prescribed under a regulation for the transaction. Maximum penalty—200 penalty units. In this section— second-hand property transaction means a transaction for the acquisition, sale or disposal of— second-hand property with a resale value of at least $55; or second-hand property that is jewellery, contains precious metals or is property that may be identified by— a make, model or serial number on the property; or an inscription. (sec.37-ssec.1) A second-hand dealer must keep a printed or an electronic register of transactions ( transactions register ), in a way prescribed under a regulation, for each authorised place for the second-hand dealer’s licence. Maximum penalty—200 penalty units. (sec.37-ssec.2) The second-hand dealer must, before or immediately after each second-hand property transaction at an authorised place, enter in the transactions register for the place the particulars prescribed under a regulation for the transaction. Maximum penalty—200 penalty units. (sec.37-ssec.3) A second-hand dealer must not separate second-hand property into parts to avoid entering the particulars for a second-hand property transaction. Maximum penalty—200 penalty units. (sec.37-ssec.4) If the second-hand property transaction happens at a place other than an authorised place, the second-hand dealer must, as soon as practicable after the transaction, enter in the transactions register for the second-hand dealer’s principal place of business the particulars prescribed under a regulation for the transaction. Maximum penalty—200 penalty units. (sec.37-ssec.5) In this section— second-hand property transaction means a transaction for the acquisition, sale or disposal of— second-hand property with a resale value of at least $55; or second-hand property that is jewellery, contains precious metals or is property that may be identified by— a make, model or serial number on the property; or an inscription. - (a) second-hand property with a resale value of at least $55; or - (b) second-hand property that is jewellery, contains precious metals or is property that may be identified by— (i) a make, model or serial number on the property; or (ii) an inscription. - (i) a make, model or serial number on the property; or - (ii) an inscription. - (i) a make, model or serial number on the property; or - (ii) an inscription.