(1) The auctioneer of a motor car at an auction must not accept a bid at the auction if he or she knows that the bid was made by, or on behalf of, an owner of the motor car. 60 penalty units. (2) The auctioneer of a motor car at an auction must not acknowledge the making of a bid at the auction if no bid was made. 60 penalty units. 50F Offence to procure dummy bid S. 50F inserted by No. 4/2008 A person must not procure another person to make s. 16. a bid at an auction of a motor car that is contrary to section 50D. In the case of a natural person: 60 penalty units; In the case of a body corporate: 240 penalty units. 50G Permissible vendor bids S. 50G inserted by No. 4/2008 (1) Despite section 50D(2), the auctioneer of a motor s. 16. car at an auction may make a bid on behalf of an owner of the motor car if— (a) before any bidding starts, the auctioneer orally declares at the auction that the auctioneer may make a bid on behalf of the owner; and (b) in the case of a public auction, immediately before, or in the process of, making the bid, the auctioneer audibly states that the bid is being made on behalf of the owner. (2) It is sufficient compliance with the requirement under subsection (1)(b) to identify a bid as a bid
(1) The auctioneer of a motor car at an auction must not accept a bid at the auction if he or she knows that the bid was made by, or on behalf of, an owner of the motor car. 60 penalty units. (2) The auctioneer of a motor car at an auction must not acknowledge the making of a bid at the auction if no bid was made. 60 penalty units. S. 50F inserted by No. 4/2008 s. 16. 50F Offence to procure dummy bid A person must not procure another person to make a bid at an auction of a motor car that is contrary to section 50D. In the case of a natural person: 60 penalty units; In the case of a body corporate: 240 penalty units. S. 50G inserted by No. 4/2008 s. 16. 50G Permissible vendor bids (1) Despite section 50D(2), the auctioneer of a motor car at an auction may make a bid on behalf of an owner of the motor car if— (a) before any bidding starts, the auctioneer orally declares at the auction that the auctioneer may make a bid on behalf of the owner; and (b) in the case of a public auction, immediately before, or in the process of, making the bid, the auctioneer audibly states that the bid is being made on behalf of the owner. (2) It is sufficient compliance with the requirement under subsection (1)(b) to identify a bid as a bid
86-104a074.docx