Point of Sale (POS) Registration Authorized

The Director of the Department of Revenue and Taxation shall, unless there exists legitimate reason not to, by contract, authorize any motor vehicles, motorcycles or commercial vehicles dealer licensed to do business on Guam to issue registration certificates and temporary license plates for vehicles sold by said dealer.

(a)The Director may require each dealer it authorizes to issue registration certificates, and temporary license plates/decalcomania to:

(1)undergo training for staff and management involved in the registration process;

(2)provide a secure facility for data processing equipment and license plates;

(3)post a fidelity bond to indemnify the dealer against criminal acts that may be committed by an employee in an amount not to exceed One Thousand Dollars ($1,000) per employee involved in the registration process;

(4)pay all or a portion of reasonable data communications costs between the dealership office and the Department of Revenue and Taxation; and

(5)require any other conditions necessary for an efficient and secure registration process.

(b)All registration and licensing fees shall be retained by the government of Guam in a manner prescribed by public law.

(c)Any person who attempts to use data processing equipment, license plates and decalcomania in a manner inconsistent with this Section commits a misdemeanor for the first offense, and a third degree felony for subsequent offenses. These penalties are in addition to other penalties prescribed by public law.

(d)The Director of Revenue and Taxation may revoke a dealer’s authorization prior to the expiration of the contract for cause, or the dealer may voluntarily surrender its authorization.

(e)The Department shall promulgate rules and regulations pursuant to the provisions of Chapter 9 of Title 5, Guam Code Annotated (Administrative Adjudication Law) for the administration of the provisions of this Section.