5,483
edits
Difference between revisions of "Motor Dealer Act (11:VII)"
Jump to navigation
Jump to search
m
Motor Dealer Act (11:VII) (view source)
Revision as of 07:12, 28 October 2016
, 07:12, 28 October 2016no edit summary
Desy Wahyuni (talk | contribs) m |
|||
| Line 5: | Line 5: | ||
The ''Motor Dealer Act'', RSBC 1996, c 316 [''MDA''] sets up a licensing regime that requires all motor dealers in the province be licensed. The Registrar of Motor Dealers carries out the licensing function. The Registrar has the authority to receive complaints concerning the conduct of a motor dealer and has the authority to refuse to provide a license, or suspend or terminate an existing motor dealer’s license. | The ''Motor Dealer Act'', RSBC 1996, c 316 [''MDA''] sets up a licensing regime that requires all motor dealers in the province be licensed. The Registrar of Motor Dealers carries out the licensing function. The Registrar has the authority to receive complaints concerning the conduct of a motor dealer and has the authority to refuse to provide a license, or suspend or terminate an existing motor dealer’s license. | ||
'''NOTE:''' There has been a recent move to industry self-regulation authorized by the Ministry, which entered into an administrative agreement with the Motor Dealer Council of BC | :'''NOTE:''' There has been a recent move to industry self-regulation authorized by the Ministry, which entered into an administrative agreement with the Motor Dealer Council of BC | ||
The definition of a motor dealer is a person who, in the course of business: | The definition of a motor dealer is a person who, in the course of business: | ||
| Line 25: | Line 25: | ||
Under the ''Motor Dealer Customer Compensation Fund Regulation'' an eligible loss may also arise from the unexpired portion of an extended warranty so long as it results from the bankruptcy, insolvency, receivership, or other failure of the motor dealer. Claims that will not be compensated include those based upon cost, value or quality, those based on an extended warranty or service if it is recoverable from an insurer, and those related to the portion of the operation of the motor vehicle claimed as a business expense. For further information about making an application for compensation from the Motor Dealer Customer Compensation Fund, call the Vehicle Sales Authority at (604) 574-5050 or visit http://mvsabc.com/compliance-and-claims/compensation-fund/. A claim against the Fund must be made within two years from the refusal or the motor dealer’s failure to pay for the losses. | Under the ''Motor Dealer Customer Compensation Fund Regulation'' an eligible loss may also arise from the unexpired portion of an extended warranty so long as it results from the bankruptcy, insolvency, receivership, or other failure of the motor dealer. Claims that will not be compensated include those based upon cost, value or quality, those based on an extended warranty or service if it is recoverable from an insurer, and those related to the portion of the operation of the motor vehicle claimed as a business expense. For further information about making an application for compensation from the Motor Dealer Customer Compensation Fund, call the Vehicle Sales Authority at (604) 574-5050 or visit http://mvsabc.com/compliance-and-claims/compensation-fund/. A claim against the Fund must be made within two years from the refusal or the motor dealer’s failure to pay for the losses. | ||
{{LSLAP Manual Navbox|type=chapters8-14}} | |||