Fair Trading Act 1986

Consumer transactions and auctions - Auctions

36Y: Application of subpart

You could also call this:

"When auctions are covered by this part of the law"

Illustration for Fair Trading Act 1986

This part of the law applies to auctions run by a registered auctioneer or someone who works as an auctioneer. You can find out what an auctioneer is in section 5(3) of the Auctioneers Act 2013. It applies even if the person running the auction is not a registered auctioneer.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6156666.

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36X: Definitions, or

"What some important words mean in this part of the law about buying and selling"


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36Z: Each lot is separate contract of sale, or

"Each item sold is a separate sale"

Part 4AConsumer transactions and auctions
Auctions

36YApplication of subpart

  1. This subpart applies to auctions conducted by or on behalf of—

  2. a registered auctioneer; or
    1. any other person who carries on business as an auctioneer (within the meaning given in section 5(3) of the Auctioneers Act 2013), whether or not a registered auctioneer.
      Notes
      • Section 36Y: inserted, on , by section 23 of the Fair Trading Amendment Act 2013 (2013 No 143).