Auctions (Bidding Agreements) Act 1927 (1927 c. 12)

1 Certain bidding agreements to be illegal.

(1) If any dealer agrees to give, or gives, or offers any gift or consideration to any other person as an inducement or reward for abstaining, or for having abstained, from bidding at a sale by auction either 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 exceeding £400, or to a term of imprisonment for any period not exceeding six months, or to both such fine and such imprisonment:

[F1] Figures substituted by Criminal Justice Act 1967 (c. 80), Sch. 3 Pt. I

(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 Attorney-General . . ..

[F2] Words in s. 1(3) repealed (30.9.1997) by 1997 c. 60, s. 3(2)(3),Sch.

2 Right of vendors to treat certain sales as fraudulent.

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[F3] S. 2 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 17 Group 11(2)

3 Copy of Act to be exhibited at sale.

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.

[M1] 1845 c. 15.

4 †Short title, commencement and extent.

(1) This Act may be cited as the Auctions (Bidding Agreements) Act, 1927, . . .

[F4] Words repealed by Statute Law Revision Act 1950 (14 Geo. 6 c. 6)

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