Key requirements under the Motor Vehicle Dealers Act

As a licensed motor vehicle dealer you must:

• Ensure your licence is current and that you have a current certificate of authorised premises for your place of business.
• Ensure that the motor vehicle salespersons and yard managers you employ have a current licence issued by the Commissioner for Consumer Protection.
• Ensure that you have a dealer's register (Form 1) for each authorised premises you operate and that it is updated daily.
• Use the content from prescribed forms set out in the Motor Vehicle Dealers (Sales) Regulations 1974, when displaying a vehicle for sale and when you sell a vehicle. Note that additional rows can be inserted in the Form 1 to record additional transactions. 
• Ensure sales contracts include the particulars, terms, and conditions prescribed in the Regulations.
• Ensure a licensed motor vehicle dealer or yard manager is in charge of each separate place of business in a multi-site operation.
• Establish and maintain office systems to keep accurate records, including systems for a transaction register, trust account (where applicable) and business account.
• Ensure motor vehicle sales premises, including signage, are approved by the relevant local government authority.
• Know your responsibilities under the Motor Vehicle Dealers Act and Regulations. Dealers can view the Motor Vehicle Dealers Act free online on the Western Australian Legislation website.
• Keep your sales stock within the boundaries of your licensed premises.
• Publish your dealer name and licence number in all advertisements.
• Open a trust account if you engage in consignment selling.