Abbildungen der Seite
PDF
EPUB
[blocks in formation]

BILL

To amend the law with respect to auctioneers and to prohibit the holding of mock auctions.

Ordered to be brought in by

Mr. Womersley, Mr. Duckworth, Mr. Fenby,
Colonel Gadie, Mr. Grotrian, Mr. Hayes,
Lieutenant-Commander Kenworthy, Mr. Looker,
and Dr. Shiels.

Ordered, by The House of Commons, to be Printed, 2 March 1927.

[blocks in formation]

To be purchased directly from

H.M. STATIONERY OFFICE at the following addresses:
Adastral House, Kingsway, London, W.C.2;

120, George Street, Edinburgh; York Street, Manchester;
1, St. Andrew's Crescent, Cardiff; 15, Donegall Square West, Belfast;
or through any Bookseller.

[blocks in formation]

Agreements).

A

BILL

то

Render illegal certain agreements as to bidding A.D. 1927. at auctions.

BB by

E it enacted by the King's most Excellent Majesty, and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, 5 as follows:

1. Any agreement made with reference to a sale by Certain auction not to bid at the sale in competition with any bidding other person with intent that the property offered for sale agreements shall be afterwards acquired by the persons making the to be illegal. 10 agreement or some or one of them from the purchaser of the property at the sale shall be a criminal offence.

Any person who is a party to such an agreement shall be liable on summary conviction to a fine not exceeding one hundred pounds, or to a term of imprison15 ment with or without hard labour for any period not exceeding six months, or to both such fine and such imprisonment.

2. Any sale at an auction with respect to which Right of any such agreement as aforesaid has been made may be vendors to 20 treated as fraudulent by the vendors or their agent as treat certain against a purchaser who has been a party to such fraudulent. agreement.

sales as

3. The particulars which under section seven of the Copy of Act Auctioneers Act, 1845, are required to be affixed or to be exhi25 suspended in some conspicuous part of the room or place bited at sale. where the auction is held shall include a copy of this

Act, and that section shall have effect accordingly.

4. This Act may be cited as the Auctions (Bidding Short title. Agreements) Act, 1927.

[blocks in formation]

BILL

To render illegal certain agreements as to bidding at auctions.

Presented by Lord Fermoy, supported by

Sir Douglas Newton, Mr. Dean,
Colonel Heneage, Mr. Lamb, Major McLean,
Sir Hugh Lucas-Tooth, and Mr. Everard.

Ordered, by The House of Commons, to be Printed, 11 February 1927.

[blocks in formation]

To be purchased directly from

H.M. STATIONERY OFFICE at the following addresses:
Adastral House, Kingsway, London, W.C.2;

120, George Street, Edinburgh; York Street, Manchester;
1, St. Andrew's Crescent, Cardiff; 15, Donegall Square West, Belfast;
or through any Bookseller.

[blocks in formation]

Agreements).

A

BILL

[AS AMENDED BY STANDING COMMITTEE A]

ΤΟ

Render illegal certain agreements and transac-
tions affecting bidding at auctions.

[ocr errors]

E it enacted by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, 5 as follows:

A.D. 1927.

to be illegal.

1. If any dealer agrees to give, or gives, or offers Certain any gift or consideration to any other person as an bidding inducement or reward for abstaining, or for having a reements abstained, from bidding at a sale by auction either 10 generally or for any particular lot, or if any person agrees to accept, or accepts, or attempts to obtain from any dealer any such gift or consideration as aforesaid, he shall be guilty of an offence under this Act, and shall be liable on summary conviction to a fine not 15 exceeding one hundred pounds, or to a term of imprisonment with or without hard labour for any period not exceeding six months, or to both such fine and such imprisonment :

20

25

Provided that-

(1) Where it is proved that a dealer has previously
to the day of the auction entered into an
agreement in writing with one or more persons
to purchase goods at an auction bonâ fide on
a joint account such an agreement shall not
be treated as an agreement made in contra-
vention of this section.

A.D. 1927.

Right of vendors to

treat certain sales as fraudulent.

Copy of Act to be exhi

bited at sale.

Short title.

Agreements).

(2) For the purposes of this section the expression "dealer" means a person who in the normal course of his business attends sales by auction for the purpose of purchasing goods with a view to reselling them.

(3) In England and Wales a prosecution for an offence under this section shall not be instituted without the consent of the AttorneyGeneral or the Solicitor-General.

5

2. Any sale at an auction with respect to which 10 any such agreement or transaction as aforesaid has been made or effected, and which has been the subject of a prosecution and conviction may as against a purchaser who has been a party to such agreement or transaction be treated by the vendor as a sale induced by fraud:

Provided that a notice or intimation by the vendor to the auctioneer that he intends to exercise such power in relation to any sale at the auction shall not affect the obligation of the auctioneer to deliver the goods to the purchaser.

3. The particulars which under section seven of the Auctioneers Act, 1845, are required to be affixed or suspended in some conspicuous part of the room or place where the auction is held shall include a copy of this Act, and that section shall have effect accordingly.

4. (1) This Act may be cited as the Auctions (Bidding Agreements) Act, 1927, and shall come into operation n the first day of January, nineteen hundred and twenty-eight.

15

20

25

(2) This Act shall not extend to Northern Ireland. 30

« ZurückWeiter »