Victorian Consolidated Legislation

Motor Car Traders Act 1986 - SECT 27

Surrender of licence

27. Surrender of licence



(1) Subject to subsection (2), a licensee may at any time by notice in writing
to the Authority, surrender the licence.

(2) If an application has been made to the Tribunal under section 30 for an
inquiry in relation to a licence, the licensee may not, without leave of the
Tribunal, surrender the licence unless the Tribunal has determined to take
action under section 31(1) or has determined not to take any such action.





(3) The person who held a licence that has been surrendered must return the
licence to the Authority within 14 days of surrendering it.

Penalty: 10 penalty units.