New South Wales Consolidated Acts

MOTOR DEALERS ACT 1974 - SECT 29K

29K Suspension, cancellation etc of dealer’s licence

(1) Where it appears to the Director-General:

(a) that there are reasonable grounds for believing that there is a deficiency in a trust account of a dealer,

(b) that a dealer has not paid an amount into a trust account as required by section 29E (2),

(c) that a dealer has withdrawn an amount from a trust account otherwise than in accordance with section 29F,

(d) that there has been undue delay, or unreasonable refusal, on the part of a dealer in paying, applying or accounting for trust money as required by this Part, or

(e) that a dealer has otherwise failed to comply with a provision of this Part, a provision of a regulation made for the purposes of this Part or a requirement made under this Part or any such regulation,

the Director-General may do any one or more of the following:

(f) suspend the dealer’s licence,

(g) by notice in writing served on the dealer, call upon the dealer to show cause, within 14 days after the date of service of the notice, why the dealer’s licence should not be suspended or cancelled,

(h) apply to the Supreme Court for the appointment under section 38B of an administrator in respect of the business which is carried on by the dealer pursuant to the authority conferred by the dealer’s licence.

(2) Where a dealer fails to show cause as referred to in subsection (1), the Director-General may suspend or cancel the dealer’s licence, as the case may be.