No.
Example:
I'm selling a car that had been impounded TWICE. One more time and they have it for keeps. You buy my car with a current RWC and transfer it into your name, you now legally own the car.
The amount of times the car has been impounded is now reset as it's owned by another person: EG, if you got done for hooning and the Police impounded your car although its technically the cars third time, it's only counted as it's first as its under new ownership, therefore it wont be taken for keeps.