ONE of five federal government suspensions affecting Launceston company Braaap Wholesale Pty Ltd has been lifted.
The suspended approvals were for Braaap Street Superlite 125, Street Superlite 50, ST-250, Moto 3 and Urban model motorcycles and prevents Braaap from plating vehicles from June 24 onwards.
Companies are required by law to display identification plates on all vehicles before they can be registered for sale.
IPA suspensions can impact a company’s ability to import and sell future shipments of stock.
However, Tasmania’s State Growth Department said the sanction was for “non-safety related conformance issues”.
On Friday, a Infrastructure Department spokesman said: “(The) Identification Plate Approval suspension for the Braaap ST-250 model (IPA 47507) has been lifted as of 15 July 2016.”
“The other four IPAs remain suspended at this time.”
The department did not say why a single suspension was lifted.
Not all Braaap Wholesale Pty Ltd models are affected by the sanction.
This week, Mr Smith – a member of the Reserve Bank of Australia’s advisory board – said the suspensions could be lifted “any day”.
He said all suspensions were “in dispute”.