SALE OF LAND ACT 1962 - SECT 39 Offences by auctioneers
SALE OF LAND ACT 1962 - SECT 39
Offences by auctioneers(1) The auctioneer of land at a public auction must not accept a bid at the auction if he or she knows that the bid was made by, or on behalf of, a vendor of the land.
Penalty: 240 penalty units.
(2) The auctioneer of land at a public auction must not acknowledge the making of a bid at the auction if no bid was made.
Penalty: 240 penalty units.
S. 39(3) inserted by No. 103/2004 s. 70(2).
(3) Subsection (1) does not apply to a bid made in
accordance with section 38(6).
S. 40 inserted by No. 41/2003 s. 3.