Australian Capital Territory Current Acts

CIVIL LAW (SALE OF RESIDENTIAL PROPERTY) ACT 2003 - SECT 26

    (1)     An agent commits an offence if the agent—

        (a)     enters a person's name and address in the bidders record for an auction as a person who is bidding for himself or herself; and

        (b)     has not sighted proof of identity for the person.

Maximum penalty: 50 penalty units.

    (2)     An agent commits an offence if the agent—

        (a)     enters a person's name and address in the bidders record for an auction as a person (the principal ) for whom someone else is bidding; and

        (b)     has not sighted a written authority for the other person to bid for the principal that states the principal's name and address.

Maximum penalty: 50 penalty units.

    (3)     An offence against this section is a strict liability offence.

    (4)     An agent must not enter any details of a person in a bidders record if the agent knows, or is reckless about whether, the details are false.

Maximum penalty: 50 penalty units.

    (5)     Subsection (4) does not apply if the details are not false in a material particular.