ADVOKS GLOBAL · KENYA
Second-hand Motor Vehicles Purchase Tax Act
4. Purchases by dealers
Edition: 2022-12-31 · In force
4. Purchases by dealers
(1)Where a person holding a licence under section 4 carries on the business of buying and selling second-hand motor vehicles and buys a second-hand motor vehicle in the course of that trade for the purpose only of resale (other than resale by way of hire-purchase), purchase tax shall not be payable in respect of that purchase.(2)A person holding a licence under section 3A of this Act shall inform the Registrar of Motor Vehicles in writing, in such form (if any) as may be prescribed—(a)of every purchase of a second-hand motor vehicle which he buys in the circumstances mentioned in that subsection; and(b)of the resale of a vehicle which he has so bought, with the name and address of the purchaser, within seven days after the purchase or resale, as the case may be, and if he fails to do so the Registrar of Motor Vehicles may cancel his registration.