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SALE OF LAND BY AUCTION ACT 1867 - SECT 5

Rule respecting sale without reserve, &c.

5.... The particulars or conditions of sale by auction of any land shall state
whether such land will be sold without reserve, or subject to a reserved
price, or whether a right to bid is reserved; if it is stated that such land
will be sold without reserve, or to that effect, then it shall not be lawful
for the seller to employ any person to bid at such sale, or for the auctioneer
to take knowingly any bidding from any such person.

© 1867 Crown Copyright

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