78
CurrentSuccessful bidder to supply information to auctioneer
Part 6Auctions
Division 3Conduct of public auctions and private auctions
78 Successful bidder to supply information to auctioneer
A person who makes the successful bid at an auction must, as soon as practicable after the acceptance of the bid, give to the auctioneer – his or her name and address if the bid was made on his or her own behalf; or if the bid was made on behalf of another person, the name and address of the other person. Fine not exceeding 50 penalty units.
Subsection (1) does not apply if the person who made the successful bid gave the information mentioned in subsection (1)(a) or subsection (1)(b) to the auctioneer before the auction.
This Act’s bill:Explanatory notesSecond reading speech
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