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CurrentManagement of general auctioneering business
Part 6Auctions
Division 1Conduct of auctions
60 Management of general auctioneering business
A general auctioneer named in Part 3(1) of the Register must not carry on general auctioneering business unless the business is – carried on at an authorised place of business; and managed by a natural person who is – the general auctioneer; or a general auctioneer named in Part 3(2) of the Register employed by the auctioneer. Fine not exceeding 50 penalty units.
A general auctioneer must not manage a general auctioneering business unless it is carried on at an authorised place of business for that business. Fine not exceeding 50 penalty units.
This Act’s bill:Explanatory notesSecond reading speech
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