HomeMy WebLinkAboutAuctioneerSCHEDULE4
AUCTIONEER
1. In addition to the licensing requirements set out in section 4 of this By-law, an
Applicant for an Auctioneer Licence shall supply the following:
a) Police Record Check.
2. Notwithstanding the prohibitions set out in section 3 of the By-law, a sheriff or bailiff
offering for sale goods or chattels seized under an execution or detained for rent, or
a Person selling land by public auction, is not required to be licensed under this By-
law.
3. No Auctioneer Licensee shall:
a) permit disorder in the auction room or offices;
b) conduct or permit a mock auction;
c) make or permit a misrepresentation as to the quality or value of the goods
offered for sale;
d) use the services of or act in concert with Persons known in the trade as
'beaters', `boosters', or "shills' for the purpose of raising or stimulating bids; or
e) give a false statement to the owner of the goods or to a purchaser of the
goods as to the sale.
4. Every Auctioneer Licensee shall keep proper books showing:
a) the names and addresses of the owners of the goods auctioned;
b) a description of the goods;
c) the price at which the goods were sold;
d) the amount of commission or fee;
e) all money received in trust for clients;
f) all disbursements out of money held in trust;
g) the unexpended balance of money held in trust for each person for whom
such money is held;
h) all other money received and disbursed in connection with the business;
i) the names and addresses of the purchasers; and
j) the date of payment and amount paid to the owners for the goods sold, or the
date of return of unsold goods to the owners.