All RMI and SMTA members involved in the main motor trade activities must comply – but it is also open to non-RMI members.
“The launch of the CarWise Code in the spring will have a huge effect on the way the retail motor sector presents itself,” says Matthew Carrington, chief executive of the RMI. Once the Code has been fully approved, participating garages will be able to use a new OFT Approved Code logo.
The RMI has until March 18 to gain OFT approval. To do this it must meet tough criteria governing the code of practice as well as the regime to ensure members are compliant. It also has to create an independent committee to oversee the code.
When the OFT is satisfied with the criteria it will grant stage one approval – effectively approving the code on paper. Stage two approval is granted when the OFT is satisfied the code works in practice as well as principal.