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MOTOR DEALERS AND REPAIRERS ACT 2013 - SECT 120
Effect of rescission orders on rights
120 Effect of rescission orders on rights
(1) On the rescission of the sale of a motor vehicle under this Division, the
liabilities and rights of the purchaser of the motor vehicle under a
credit contract under which credit is provided by a person who is a
linked credit provider of the motor dealer for the purpose of financing the
whole or part of the purchase-- (a) are, by force of this section, transferred
to the motor dealer, and
(b) subject to this section, may be enforced against
the motor dealer as if the motor dealer were the purchaser.
(2) On the
rescission of the sale of a motor vehicle under this Division, the rights and
liabilities of the parties to the contract for the sale of the motor vehicle
or any such credit contract are, despite any other law, as specified in the
rescission order and any ancillary or consequential orders.
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