AI-assisted research summary: Motor dealers must keep and complete records of vehicle transactions, and they may not use a motor vehicle contract form unless the registrar has approved it.
1 MOTOR DEALERS M-22 REG 1 The Motor Dealers Regulations being Chapter M-22 Reg 1 (effective June 30, 1981) as amended by Saskatchewan Regulations 92/84, 92/87, 8/91, 90/2013 and 58/2015. NOTE: This consolidation is not official. Amendments have been incorporated for convenience of reference and the original statutes and regulations should be consulted for all purposes of interpretation and application of the law. In order to preserve the integrity of the original statutes and regulations, errors that may have appeared are reproduced in this consolidation. 2 M-22 REG 1 MOTOR DEALERS Table of Contents 1 Title 2 Interpretation 3 Refusal to issue licence 4 Licence fees 5 Records 6 Form of contract 3 MOTOR DEALERS M-22 REG 1 CHAPTER M-22 REG 1 The Motor Dealers Act Title 1 These regulations may be cited as The Motor Dealers Regulations. Interpretation 2 In these regulations, “Act” means The Motor Dealers Act. 17 Jly 81 cM-22 Reg 1 s2. Refusal to issue licence 3 The registrar may refuse to issue a licence under the Act to any person who has not been a resident of Saskatchewan for at least one year immediately prior to the date that the person applies for a licence. 17 Jly 81 cM-22 Reg 1 s3. Licence fees 4 The fee for a licence as a dealer for each location at which the dealer conducts business is: (a) $1,500; (b) $2,000, effective January 1, 2016; (c) $2,500, effective January 1, 2017; (d) $3,000, effective January 1, 2018. 19 Jne 2015 SR 58/2015 s2. Records 5(1) Every dealer shall keep a record of all motor vehicles purchased or sold by him in any manner that will readily identify those vehicles. (2) Every dealer shall enter in the record mentioned in subsection (1): (a) in the case of a motor vehicle purchased or acquired by the dealer: (i) the name and address of the person from whom the motor vehicle was purchased or acquired; (ii) the date on which the motor vehicle was purchased or acquired; and (iii) the price paid for the motor vehicle or, in the case of a trade-in, the allowance made; and 4 M-22 REG 1 MOTOR DEALERS (b) in the case of a motor vehicle sold by the dealer: (i) the name and address of the purchaser; (ii) an accurate description of the motor vehicle, including its year of manufacture, serial number, body type and details of extra equipment; (iii) the sale price; (iv) the terms or method of payment; (v) where another motor vehicle is accepted as a trade-in, a description of that vehicle, including its year of manufacture, serial number, body type and amount of trade-in allowance; and (vi) the name of the salesman. 17 Jly 81 cM-22 Reg 1 s5. Form of contract 6(1) No dealer shall use a form of motor vehicle contract unless it has been approved by the registrar in accordance with this section. (2) Every dealer shall file two copies of the form of motor vehicle contract with the registrar, and, where the registrar approves the contract for filing, he shall return one copy, so endorsed, to the dealer. (3) Any form of motor vehicle contract accepted for filing by the registrar is deemed to have been approved by him for use by the dealer until he otherwise notifies the dealer. 17 Jly 81 cM-22 Reg 1 s6. REGINA, SASKATCHEWAN Printed by the authority of THE QUEEN’S PRINTER Copyright©2015