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Bill Proposal of MVCA Concerning the Notification Obligation

By December 10, 2021June 14th, 2023No Comments

A group of lawmakers proposed a bill to improve the current provisions concerning the notification obligation, aiming to protect customers from purchasing a vehicle returned or repaired without being notified of the fact. The vehicle manufacturers/sellers, if selling a vehicle returned or a vehicle repaired for a defect occurring before its delivery, will be required to notify the customer of the relevant fact.

The revisions include provisions as follows:

  • The mayor/governor should check whether the purchaser has been notified of the aforementioned fact by the vehicle manufacturer/seller. 
  • The vehicle manufacturer/seller should notify the purchaser of the aforementioned fact and immediately transmit it to the electronic information network organization.
  • The vehicle owner, if purchasing an applicable vehicle without being notified of the aforementioned fact, may request an exchange or refund for the vehicle.