Auctioneers and House Agents Act, 1947
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Display of placard by person holding auction. |
20.—(1) Every person holding an auction (other than an auction to which subsection (2) of section 6 of this Act relates) shall, throughout the auction, display in a conspicuous position at the place where the auction is being held a placard bearing— | |
(a) if he is a licensed auctioneer, the name under which he is licensed to carry on business and the address of his principal place of business in the State, | ||
(b) if he is the holder of an auction permit to conduct auctions on behalf of another person who is a licensed auctioneer, the name under which the licensed auctioneer is licensed to carry on business and the address of the auctioneer's principal place of business in the State. | ||
(2) Every person who contravenes subsection (1) of this section shall be guilty of an offence under this section and shall be liable on summary conviction thereof to an excise penalty of ten pounds. | ||
(3) Subsection (1) of this section shall not apply to the holding by or on behalf of a licensed auctioneer of an auction of which a notice, bearing the name under which he is licensed to carry on business and the address of his principal place of business in the State, has been published in a newspaper circulating in the area where the auction is held or displayed in a conspicuous position in the area. |