Singapore legislation
Section 9
Section 9
Sales by public auction
(1)
No sale by the grantee of any chattels so seized or taken possession of as aforesaid shall be made otherwise than by public auction, conducted by some person duly licensed under any statutory provision for the licensing of auctioneers.
(2)
Any sale made in contravention of this section shall be absolutely void, and any person aiding or abetting such sale shall be liable to a fine not exceeding $200.
(3)
Not more than one year’s arrears of interest shall be recoverable under any bill of sale.