(1) If a receiver sells a motor vehicle under Division 2, the receiver must provide the purchaser with a receipt that complies with this section.
Penalty: 10 penalty units, in the case of a natural person;
50 penalty units, in the case of a body corporate.
(2) The receipt must contain the following—
(a) if the receiver is a natural person, the receiver's full name, address and date of birth;
(b) if the receiver is a body corporate, the receiver's business name and address and ABN;
(c) the vehicle's last registration number (if available) and vehicle identification number;
(d) the purchaser's full name, address and date of birth;
(e) the date of sale;
(f) the sale price;
(g) the name of the owner of the vehicle;
(h) any other prescribed information.
(3) The receipt must state that the vehicle has been disposed of under this Part and must be signed by both the purchaser and the receiver.