Financiers' exemption from holding a licence
Financiers (finance providers) may be exempted by the Commissioner from compliance with the Motor Vehicles Dealers Act 1973, provided they ordinarily dispose of repossessed vehicles directly to licensed dealers or through auction houses.
Each 'natural person', or partner or director of the entity applying for an exemption must prove that they are of good character and repute and a fit and proper person to hold an exemption.
The Commissioner can impose conditions on any exemption granted and can revoke the exemption at any time.
Application for exemption
To apply for an exemption, please complete the Application for Exemption form. This form is also available from our Licensing Section by ringing 9282 4362.