- Commenced on 1 January 1917
- [This is the version of this document at 31 December 2000.]
- [Note: The version of the Act as at 31 December 2000 was revised and consolidated by the Law Reform Commission of Uganda. All subsequent amendments have been researched and applied by Laws.Africa for ULII.]
Part I – General
1. InterpretationIn this Act, unless the context otherwise requires—
2. Business of auctioneerEvery person who sells or offers for sale any movable or immovable property or any interest in the property at any sale or roup where any person becomes or may become the purchaser of the property or interest in the property by competition and being the highest bidder, either by being the sole bidder, or increasing upon the biddings made by others, or decreasing on sums named by the auctioneer or person acting as auctioneer or other person at the sale, or by any other mode of sale by competition shall be deemed to carry on the business of an auctioneer.
Part II – Licences
3. Auctioneers to be licensed
4. Licences, general and localLicences shall be of two kinds—
5. General licences required for certain places
6. Granting of licences discretionaryThe licensing authority may grant or withhold any licence at its discretion, subject to appeal to the Minister.
7. Security may be requiredBefore a licence is granted the applicant shall, if so required by any rules made under this Act, give security in such form and in such amount as may be prescribed to answer for the faithful discharge of his or her office.
8. FeesThe fees specified in the First Schedule to this Act shall be payable for licences granted under this Act.
9. Expiration of licencesAll annual licences shall expire on the 31st December in each year, unless previously revoked; and all half-yearly licences shall expire on the 30th June or 31st December following the date of issue, unless previously revoked.
10. FormsLicences shall be in one of the forms set forth in the Second Schedule to this Act, with such alterations as may be necessary.
Part III – Sales by auction
11. Auctioneers to accept the sale of all property offered by owners
12. Restriction on certain sales
13. Auctioneer’s name and address to be displayed at sale
14. Sales without reserve, reserve price, etc.
15. Recovery of purchase money and payment
16. Order of suspension or revocation of licence
17. Auctioneer’s licence not necessary in certain casesIt shall not be necessary for any person selling any movable or immovable property by auction to take out a licence required by this Act in any of the following cases—
18. RulesThe Minister may make rules for better carrying out the purposes and provisions of this Act and among other matters may—
History of this document
01 January 1917