sec.12Display and announcement of chattel auctioneer’s name

sec.12 Display and announcement of chattel auctioneer’s name

For section 148 of the Act , a chattel auctioneer who conducts an auction must display at the auction the auctioneer’s name— in a conspicuous position so it is clearly visible; and for the entire period of the auction. However, subsection (1) does not apply if the display of the auctioneer’s name in the way stated in subsection (1) would be ineffective because— the exposure of the place where the auction is held to the elements prevents the effective display; or a livestock auction conducted outdoors the auctioneer needs to change location to conduct the auction, to the extent the display of the auctioneer’s name would be ineffective without repositioning the name. an auction where it is necessary for the auctioneer to move from item to item, for example, an auction of large machinery items If subsection (2) applies, the chattel auctioneer must announce the auctioneer’s name at the start of the auction. (sec.12-ssec.1) For section 148 of the Act , a chattel auctioneer who conducts an auction must display at the auction the auctioneer’s name— in a conspicuous position so it is clearly visible; and for the entire period of the auction. (sec.12-ssec.2) However, subsection (1) does not apply if the display of the auctioneer’s name in the way stated in subsection (1) would be ineffective because— the exposure of the place where the auction is held to the elements prevents the effective display; or a livestock auction conducted outdoors the auctioneer needs to change location to conduct the auction, to the extent the display of the auctioneer’s name would be ineffective without repositioning the name. an auction where it is necessary for the auctioneer to move from item to item, for example, an auction of large machinery items (sec.12-ssec.3) If subsection (2) applies, the chattel auctioneer must announce the auctioneer’s name at the start of the auction.

• (a) in a conspicuous position so it is clearly visible; and
• (b) for the entire period of the auction.
• (a) the exposure of the place where the auction is held to the elements prevents the effective display; or Example— a livestock auction conducted outdoors
• (b) the auctioneer needs to change location to conduct the auction, to the extent the display of the auctioneer’s name would be ineffective without repositioning the name. Example— an auction where it is necessary for the auctioneer to move from item to item, for example, an auction of large machinery items