Victorian Numbered Regulations Victorian Numbered Regulations(1) A public auction for the sale of land must be conducted in accordance with the rules set out in Schedule 1 unless sub-regulation (2), (3) or (4) applies.
(2) A public auction for the sale of land must be conducted in accordance with the rules set out in Schedule 2 if there are 2 co-owners of the land and one of the co-owners intends to bid to purchase the interest of the other co-owner in the land.
(3) A public auction for the sale of land must be conducted in accordance with the rules set out in Schedule 3 if there are more than 2 co-owners of the land and one or more (but not all) of the co-owners intend to bid to purchase the interest of the other co-owner or co-owners in the land.
(4) A public auction for the sale of land must be conducted in accordance with the rules set out in Schedule 4 if there are 2 or more co-owners of the land and each of the co-owners intends to bid to purchase the interest of the other co-owner or co-owners in the land.