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Hi Dave,
The NSW RTA have made it very dificult to register any cobra kit. Here we call them ICVs. There was not one ICV registered in 2010 or 2011 in NSW.
The RTA are requesting test results that just arnt possible. This includes skid testing on a surface that isnt available in australia, seat belt and seat anchor testing (damages chassis but some kits have these) and collapsible steering boss which is a destructive test. At this stage the RTA have not offered exemptions for these things. On top of that you need torsion and beaming test results ($1800) and brake test results (about $3000).
Whilst this is going on, the RTA are also changing the engineering scheme and puting requirements on the engineers that have a negative impact on the viablility of the business case. At this stage the engineers are furious with the planned scheme and many do not plan to join.
Hopefully this will all sort itself out before you have to make the decision.
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