Property Occupations Regulation 2014

For each auction an auctioneer conducts at the same place on the same day, the auctioneer must keep a register of each bidder (a registered bidder) registered under this section to bid at the auction.

The auctioneer must—

inform persons considering bidding in the auction that only bids from registered bidders will be accepted; and

before accepting a bid—ensure the bidder is a registered bidder.

However, if a bidder has previously been registered by the auctioneer for the sale of property, the bidder’s previous registration may be applied to 1 or more subsequent auctions conducted by the auctioneer.

The auctioneer may register a person as a bidder only if the person—

gives the auctioneer the person’s name and address; and

produces satisfactory evidence of the person’s identity to the auctioneer; and

gives the auctioneer the name and address of any other person for whom bids are intended to be made on instructions given by the other person by telephone.

The auctioneer must, if satisfied of the person’s identity—

assign a unique bidder identifier to the person; and

record the person’s name and address, and the unique bidder identifier assigned by the auctioneer to the person, in the register.

If the auction is for the sale of property or goods other than livestock, the auctioneer must ensure—

the unique bidder identifier assigned to the person can be easily used by the person to bid during the auction; and

the unique bidder identifier can be easily identified by the auctioneer when the person uses it to make a bid during the auction.

The auctioneer must keep the register for at least 5 years after the day of the last entry made in it.