New South Wales Consolidated Acts

PROPERTY AND STOCK AGENTS ACT 2002 - SECT 83

83 Successful bidder at auction to supply information

(1) The actual successful bidder at a sale by auction of any land or livestock must, as soon as practicable after the auctioneer conducting the sale has indicated the actual successful bidder but not in any case later than the day of the sale, supply to the auctioneer or an employee of the auctioneer--

(a) the bidder's name if the bidder bid on his or her own behalf, or

(b) the name of the person on whose behalf the bidder bid if the bidder bid on behalf of another person.

: Maximum penalty--20 penalty units.

(2) An auctioneer must not sell by auction any land or livestock unless notice is given, in such manner and in such terms as may be prescribed by the regulations, of the material parts of this section.

: Maximum penalty--20 penalty units.