Malaysia legislation
Section 4
Section 4
The principal Act is amended by inserting after section 13
the following section:
“Interim change of possession of motor vehicles 13a. (1) Notwithstanding section 13, where a registered owner sells his motor vehicle to a dealer for the purpose of resale, the registered owner may apply to the Director for an interim change of possession of the motor vehicle from the registered owner to the dealer in such form and manner and upon payment of such fee as may be prescribed.
(2)
The Director shall, upon receipt of the application and payment of the fee under subsection (1), make the necessary entries in the register relating to the interim change of possession.
(3)
The interim change of possession shall be effective for a prescribed period.
(4)
Where the dealer has not sold the motor vehicle to any person upon the expiration of the period prescribed under subsection (3), the dealer shall be registered as the new owner of the motor vehicle.
(5)
For the purposes of subsection (4), the Director shall make the necessary alterations in the register and the registration certificate relating to the motor vehicle and shall deliver the altered registration certificate to the dealer.
(6)
For the purposes of this section, “dealer” means a company incorporated under the Companies Act 2016 [Act 777] or a business registered under the Registration of Business Act 1956
[Act 197] which deals in secondhand motor vehicles.”.
6
Amendment of subheading in Part II