Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Record penalty imposed for unregistered motor vehicle trader

Media release

2 July 2014

Record penalty imposed for unregistered motor vehicle trader

The Registrar of Motor Vehicle Traders at the Ministry of Business, Innovation and Employment has successfully prosecuted a Waiheke Island man for selling eight vehicles within a 12 month period whilst unregistered.

On 26 June 2014 the 61 year old was convicted and fined a record $30,000 at the Auckland District Court. The fine is the heaviest penalty ever imposed for unregistered motor vehicle trading since the Motor Vehicle Sales Act was introduced in 2003.

Manager of the Registries Integrity and Enforcement Team, Karla Flood, says the heavy penalty reflects the fact that this was the man’s fifth conviction since 2006 for the same offence.

“This defendant continued to sell motor vehicles for several years, despite several previous convictions for selling motor vehicles without being registered. This prosecution is a reminder to the motor vehicle trade that enforcement action will be taken for those that don’t abide by the rules,” she said.

Under the Motor Vehicles Sales Act 2003 individuals can legally sell six vehicles in a 12 month period without being registered as a Motor Vehicle Trader.

“The number of unregistered motor vehicle traders is on the rise, largely due to a change in trader behaviour towards online markets.

Unregistered motor vehicle traders are not subject to the checks that apply to those who are registered and consumers may have less protection when something goes wrong. This penalty sends out the message that this kind of reckless behaviour will not be tolerated.”

The Registrar of Motor Vehicle Traders works with organisations such as Trade Me, New Zealand Customs and Land Transport New Zealand to help identify unregistered traders. The Registrar's aim is to assist the traders to register so they are compliant with the legislation and only if this does not succeed does enforcement action take place.

The Registrar of Motor Vehicle Traders has investigated 228 unregistered motor vehicle traders since 1 July 2013. Of those 185 investigations have been finalised, 23 remain under investigation with the view of achieving compliance, and 20 cases are currently before the courts.

Of the 185 completed investigations:

• 114 were closed as compliance was achieved;

• 68 were closed as no offence was identified;

• 3 traders were issued with written warnings and are being monitored

Since 1 July 2013, 19 convictions were obtained.

Find out more about the Motor Vehicle Traders Register here: http://www.motortraders.med.govt.nz/cms

[ends]


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Post-Post: Brian Roche To Step Down As NZ Post CEO

Brian Roche will step down as chief executive of New Zealand Post in April 2017, having led the state-owned postal service's drive to adjust to shrinking mail volumes with a combination of cost cuts, asset sales, modernisation and expansion of new businesses. More>>

ALSO:

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news