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Cash Ban For Scrap Car Dealers In Sydney

By now, we all are aware of the Cash Ban for Cash for Scrap Car Dealers and Scrap Car Dealers in Sydney. This bill was passed in the year 2018, under which paying cash to scrap car dealers was banned and was made an illegal act which will be punishable under law.

However, if you're still unaware of this amendment, this is the quick summary to assist you to get a quick read on the deal.



What the bill said:

According to this new bill, all scrap car dealing businesses needed to be strictly registered with the government.

  • All the dealings got to be documented with proper details.

  • Any buying or selling of scrap car got to be done only after recording the identification of the customer and seller on both the ends.

  • Paying in cash is banned to permit better documentation.

  • Payments are often done through cheques, drafts, or EFTPOS.

  • Any failure to follow these regulations are going to be punishable under law and may end in high penalties or maybe jail.

  • The Bill also gave a right to the police to undertake searches or inquiries at the dealer’s office at any moment without the need for an inquiry warrant.

  • The police also can invite the small print of any deals made, which require to be investigated for any complaints or criminal records.

Cash for Scrap Cars

Why the Bill was passed:

The scrap car dealing business is increasing in the Sydney region, and tons of those businesses aren't registered. This will increase illegal dealings and other illegal acts. It also means that the buyers are wanting to evade tax.


No Documentation 

All these scrap dealer businesses that aren't registered are working in very unethical ways. It means they're not keeping records of their buying and selling, or maybe identifications of their buyers or sellers. As a result, a number of them are even buying stolen stuff, be it metal or cars.


Tracking stolen and abandoned cars 

No documentation makes it impossible to trace a stolen car, or track the thieves. A rise is visible in the number of cases of stolen cars within the area.


All in all, the bill has been passed to penalize people who are trying to evade tax and to keep a check on the increasing theft cases within the area. Considering these points, the bill was deemed necessary and has been supported widely by the public.



What you ought to do:


If you're a dealer

If you're a rubbish dealer or a scrap dealer like Broken Cars Removal, you ought to confirm that each one of your dealings is legal, and documented properly. If you feel a seller is shady and tries to sell something by force, without submitting any identification to you, you ought to responsibly refuse that person and report it to the police.


If you're a seller 

If you're selling your rubbish or your scrap car in Sydney, It's your responsibility to form sure that you simply carry a replica of your identification proof and submit it to your dealer, with no excuses. However, if you see your dealer involved in any shady business, you'll report him and contribute to keeping a check on the illegal businesses operating within the Sydney region.

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Location: Sydney NSW, Australia

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