Dummy bidding prohibited
50D Dummy bidding prohibited
An owner of a motor car must not make a bid at an auction of the motor car.
- In the case of a natural person: 60 penalty units;
In the case of a body corporate: 240 penalty units.
A person must not make a bid at an auction of a motor car knowing that the bid is being made on behalf of an owner of the motor car.
- In the case of a natural person: 60 penalty units;
In the case of a body corporate: 240 penalty units.
Note
Section 50G provides for some permissible vendor bids.
For the purposes of subsection (2), a bid may be found to have been made on behalf of an owner even though it is not made at the request of, or with the knowledge of, the owner.
Evidence that a person who made a bid at an auction of a motor car had the intention of benefiting an owner in making the bid is evidence that the person made the bid on behalf of the owner.
It is immaterial that the person making a bid in contravention of this section is not in Victoria at the time the bid is made.
S. 50E inserted by No. 4/2008 s. 16.
This Act’s bill:Second reading speech
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