Australian Capital Territory Current Acts

CIVIL LAW (SALE OF RESIDENTIAL PROPERTY) ACT 2003 - SECT 31

    (1)     The auctioneer of residential property at a public auction must not accept a bid at the auction if the auctioneer knows that the bid was made by or for the seller of the property.

Maximum penalty: 100 penalty units.

    (2)     The auctioneer of residential property at a public auction must not acknowledge the making of a bid at the auction if no bid was made.

Maximum penalty: 100 penalty units.

    (3)     An offence against subsection (2) is a strict liability offence.