Key requirements under the Motor Vehicle Dealers Act
As a licensed motor vehicle dealer you must:
Ensure your licence is current and that you have a current certificate of authorised premises for your place of business.
Ensure that the motor vehicle salespersons and yard managers you employ have a current licence issued by the Commissioner for Consumer Protection.
Ensure that you have a dealer's register (Form 1) for each authorised premises you operate and that it is updated daily.
Use mandatory sales document forms. Sales contracts, clear title and statutory warranty forms all need to be used in the proper form and process at the time of sale.
Ensure a licensed motor vehicle dealer or yard manager is in charge of each separate place of business in a multi-site operation.
Establish and maintain office systems to keep accurate records, including systems for a transaction register, trust account (where applicable) and business account.
Ensure motor vehicle sales premises, including signage, are approved by the relevant local government authority.