Queensland Consolidated Acts

PROPERTY OCCUPATIONS ACT 2014 - SECT 25

25 What an auctioneer licence authorises

(1) An auctioneer licence authorises the holder of the licence to—

(a) sell or attempt to sell or offer for sale or resale any real property, or an interest in real property, by way of auction as an agent for others for reward; and

(b) sell the property or interest by any means during the auction period; and

(c) sell or attempt to sell or offer for sale or resale goods by way of auction if the sale or resale is directly connected with a sale by auction of a place of residence or land performed by the auctioneer.

(2) For subsection (1) (c) , an auction of goods may be directly connected with a sale by auction of a place of residence or land despite the auction of the goods being conducted separately from the auction of the place of residence or land.

Example—

An auction of a place of residence followed by an auction of the contents of the residence.

(3) An auctioneer may perform an activity mentioned in subsection (1) —

(a) in the carrying on of a business, either alone or with others; or

(b) as an employee of a property agent.

(4) In this section—

"auction period" , for an auctioneer for the sale of real property, means the period for which the auctioneer is appointed under section 102 or otherwise authorised or permitted under this Act or another Act to sell the property.