This Act explains how auctioneers are registered and deals with related issues. It also replaces an older law about auctioneers from 1928. An auctioneer is someone who sells things by asking people to offer higher and higher prices until the item is sold to the person who offers the most money. The government wants to make sure that auctioneers follow the rules, so they need to be registered. This helps to keep auctions fair and honest for everyone involved.