(a) Subject to § 573.12(b), no person may sell or lease any new or used item of motor vehicle equipment (including a tire) as defined by 49 U.S.C. § 30102(a)(7), for installation on a motor vehicle, that is the subject of a decision under 49 U.S.C. § 30118(b) or a notice required under 49 U.S.C. § 30118(c), in a condition that it may be reasonably used for its original purpose.

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Terms Used In 49 CFR 573.12

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

(b) Paragraph (a) of this section is not applicable where:

(1) The defect or noncompliance is remedied as required under 49 U.S.C. § 30120 before delivery under the sale or lease;

(2) Notification of the defect or noncompliance is required by an order under 49 U.S.C. § 30118(b), but enforcement of the order is restrained or the order is set aside in a civil action to which 49 U.S.C. § 30121(d) applies.

[67 FR 19698, Apr. 23, 2002]