Australian Capital Territory Numbered Regulations

TRADERS (LICENSING) REGULATION 2017 (NO 21 OF 2017) - REG 8

    (1)     This section applies to an entity in the following trader categories:

        (a)     motor vehicle dealer;

        (b)     motor vehicle wholesaler.

    (2)     Information about the following in relation to the entity is prescribed:

        (a)     if the entity is a corporation—the entity being or having been insolvent in the last 3 years;

        (b)     in relation to the entity's proposed business operation—

              (i)     the entity's material and financial resources; and

              (ii)     the scope of the proposed business operation; and

              (iii)     any liability the entity may incur in the course of carrying on business.

Part 4     Licence conditions—Act, s 20 (1) (c)