Singapore legislation
Section 15
Section 15
Evidence of misconduct
The judgment of any court of competent jurisdiction whether civil or criminal, having the effect of finding that any licensed person —
(a)
is liable or responsible for any money or property come into his possession or control as a licensed person under circumstances amounting to a breach of trust or duty;
(b)
has committed any offence as an auctioneer or agent;
(c)
has contravened any statutory provision as to the conduct of sales by auction; or
(d)
has paid or agreed to pay to his employer any part of his charges or expenses by way of return commission when the employer is a person accountable to any other person for the proceeds of the sale,shall be ground for the cancellation of his licence.