AUCTIONEERS ACT 1935 - SECT 15 Bidding by seller
AUCTIONEERS ACT 1935 - SECT 15
Bidding by sellerWhere a sale by auction is not notified in the conditions of sale to be subject to a right to bid on behalf of the seller, the seller shall not himself bid or employ any person to bid at the sale and the auctioneer shall not knowingly take any bid from the seller or any such person.
Maximum penalty: 5 penalty units.