New measures have been introduced to the process to
transfer a motor vehicle to a new owner.
The Inland Revenue Department says the changes are to protect the owners of motor vehicles and to strengthen the integrity of the motor vehicle registry system.
The Department now requires that both the seller and buyer involved in the transfer of a motor vehicle must now visit the same tax office where the transfer was initiated for it to be completed.
This new requirement is particularly important where both parties do not visit the tax office at the same time.
In such a case, once the seller initiates the transfer at a tax office by signing the relevant section of the Motor Vehicle Title, the Taxpayer Service Agent will verify the information and signature.
A notice will then be attached to the Motor Vehicle Title and returned to the seller, advising that the buyer must return to the same tax office to complete the transaction.
The Inland Revenue Department says the changes are to protect the owners of motor vehicles and to strengthen the integrity of the motor vehicle registry system.
The Department now requires that both the seller and buyer involved in the transfer of a motor vehicle must now visit the same tax office where the transfer was initiated for it to be completed.
This new requirement is particularly important where both parties do not visit the tax office at the same time.
In such a case, once the seller initiates the transfer at a tax office by signing the relevant section of the Motor Vehicle Title, the Taxpayer Service Agent will verify the information and signature.
A notice will then be attached to the Motor Vehicle Title and returned to the seller, advising that the buyer must return to the same tax office to complete the transaction.
.jpg)
All feeds
