Auctioneers Act | Chapter 270 — Uganda law | Esheria

Auctioneers Act

Defines the terms “auctioneer”, “licensing authority”, and “owner”.

Jurisdiction
Uganda
Instrument
Act or statute
Citation
Chapter 270
Version
Undated source snapshot
Language
en

Source attribution: Source: Uganda Legal Information Institute

Statute overview

About this statute

Defines the terms “auctioneer”, “licensing authority”, and “owner”. Anyone who sells or offers for sale property at a competitive sale is deemed to be carrying on the business of an auctioneer. Licences must be in one of the forms set forth in the Second Schedule to this Act, with such alterations as may be necessary. Persons must not carry on the business of an auctioneer unless licensed under this Act; contravention is an offence punishable by a fine not exceeding one thousand five hundred shillings. Licences for auctioneers are two kinds: general licences let the licensee operate anywhere in Uganda; local licences let the licensee operate only in the place named in the licence.

LexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.