Australian Capital Territory Current Acts

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CIVIL LAW (SALE OF RESIDENTIAL PROPERTY) ACT 2003 - SECT 32

Auction conditions to be available before auction begins

    (1)     The auctioneer of residential property at a public auction commits an offence if—

        (a)     the auctioneer begins the auction; and

        (b)     a copy of the conditions of the auction have not been displayed at the place of the auction for at least 30 minutes before the auction begins.

Maximum penalty: 50 penalty units.

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

    (3)     In this section:

"conditions", of an auction, means—

        (a)     the standard auction conditions prescribed under section 31A; and

        (b)     any other conditions (not inconsistent with the standard auction conditions) decided by the seller for the auction.



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