Part 12 — Public Auctions
120 Application
to a sale by public auction
(a) to which the Civil Enforcement Act applies, or that is held
pursuant to an order of a court,
(b) of goods taken in distress under the authority of an
enactment for the recovery of a tax, rate or imposition made
or levied pursuant to that enactment,
(c) of livestock by an auction sales business that is licensed as a
livestock dealer and has provided the security required
under the Livestock Identification and Commerce Act,
(d) held by a religious, charitable or non-profit organization , or
(e) held by an educational ins titution as part of a course of
instruction in auctioneering offered by it.
(2) No person may conduct the bidding at a sale by public auction
referred to in subsection (1)(a) to (d) unless the person meets the
qualifications for an auctioneer under the regulations.
(3) No person may conduct the bidding at a sale by public auction
referred to in subsection (1)(e) unless the person is a student
registered in a course for the training of auctioneers at an
RSA 2000
educational institution and the student is supervised by officials
from the institution.
(4) If a licensee holds a sale by public auction referred to in
subsection (1), the provisions in the regulations under Part 13
dealing with claims against the licensee's security apply in respect
of that sale, even though the auction sales business does not have to
be licensed or to provide security in respect of it.
RSA 2000 cF-2 s120;2006 cL-16.2 c96