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Part 3 · Alteration of Registration Status

10. Re-possession and restoration

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(1)

The holder of a security interest in a registered registrable mobility vehicle must notify the Authority, and apply to transfer the registration of the registered responsible person for the mobility vehicle, not more than 7 days after —

(a)

taking possession of the mobility vehicle from the registered responsible person for the mobility vehicle; or

(b)

returning possession of the mobility vehicle to the previous registered responsible person for the mobility vehicle.

(2)

The notice and application under paragraph (1) must be in a form approved by the Authority.

(3)

The holder of a security interest in a registered registrable mobility vehicle who, without reasonable excuse, fails to comply with paragraph (1) in relation to a registered registrable mobility vehicle, shall be guilty of an offence and shall be liable on conviction —

(a)

in the case of a first offence, to a fine not exceeding $1,000 or to imprisonment for a term not exceeding 3 months or to both; and

(b)

in the case of a second or subsequent offence, to a fine not exceeding $2,000 or to imprisonment for a term not exceeding 6 months or to both.

Subregulation 1

The holder of a security interest in a registered registrable mobility vehicle must notify the Authority, and apply to transfer the registration of the registered responsible person for the mobility vehicle, not more than 7 days after —

(a)

taking possession of the mobility vehicle from the registered responsible person for the mobility vehicle; or

(b)

returning possession of the mobility vehicle to the previous registered responsible person for the mobility vehicle.

Subregulation 2

The notice and application under paragraph (1) must be in a form approved by the Authority.

Subregulation 3

The holder of a security interest in a registered registrable mobility vehicle who, without reasonable excuse, fails to comply with paragraph (1) in relation to a registered registrable mobility vehicle, shall be guilty of an offence and shall be liable on conviction —

(a)

in the case of a first offence, to a fine not exceeding $1,000 or to imprisonment for a term not exceeding 3 months or to both; and

(b)

in the case of a second or subsequent offence, to a fine not exceeding $2,000 or to imprisonment for a term not exceeding 6 months or to both.

Report

Part 4

General Provisions on Applications and Registration Process

Part 5

Registrable Mv Register

Part 6

Registration and Identification Marks

Part 7

Miscellaneous