Strengthening regulatory oversight

This agreement has recently been reviewed. The Registrar uses the information provided under this agreement to identify individuals and companies who transfer ownership of 6 or more vehicles in a 12-month period.

This enables us to proactively address potential non-compliance with the registration requirements under the Motor Vehicle Sales Act 2003 in a timely manner.

In situations where non-compliance is identified we use a range of enforcement tools, including education and information letters when initially engaging with non-compliant traders. Where non-compliance persists other enforcement options such as prosecution may be considered.

This work promotes and protects consumer interests in motor vehicle sales by working to ensure traders are registered.

Anyone selling more than 6 vehicles in a year, must be registered as a motor vehicle trader. Anyone trading motor vehicles without being registered may face penalties of up to $50,000 for individuals and $200,000 for companies.