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Sale by auction
Supplies Control (Prices) Regulations, reg. 5 · Revised Edition 2020
(1) All or any price-controlled goods offered for sale by auction shall be subject to the maximum prices applicable to the particular articles and no price-controlled goods may be sold by an auctioneer unless the person at whose request the auction is held has notified such auctioneer in writing of the maximum wholesale or retail price at which such goods may be sold under these Regulations, and the auctioneer shall not accept any bid or knockdown any such goods at a price in excess of the maximum wholesale or retail price (as the case may be) thus notified to him.
(2) Any person who, when making the notification referred to in the preceding sub-paragraph, fails in any way to state the correct maximum prices of the particular goods shall be guilty of an offence against these Regulations.
Supplies Control 67
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