/akn/sg/act/bill/2000/17

Auctioneers’ Licences (Amendment) Bill

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Type
Bill
Status
In force
Enacted
2000
Sections
16

Quick answer

About this bill

Auctioneers’ Licences (Amendment) Bill is Singapore Bill, cited as Bill 17 2000, currently marked in force and first recorded in 2000.

Clause 1

Short title and commencement

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This Act may be cited as the Auctioneers’ Licences (Amendment) Act 2000 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.

Clause 2

Amendment of long title

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The long title to the Auctioneers’ Licences Act (referred to in this Act as the principal Act) is amended by deleting the word “auctioneers,”.

Clause 3

Amendment of section 1

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Section 1 of the principal Act is amended by deleting the words “Auctioneers’ Licences” and substituting the words “Appraisers and House Agents”.

Clause 5

Amendment of section 5

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Section 5 of the principal Act is amended by deleting the words “Form B” and substituting the words “Form A”.

Clause 6

Amendment of section 7

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Section 7 of the principal Act is amended by deleting the words “Form C” and substituting the words “Form B”.

Clause 7

Repeal and re-enactment of section 10

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Section 10 of the principal Act is repealed and the following section substituted therefor:“Exemption of officers of courts in levies not exceeding $10010. It shall not be necessary for any Sheriff, bailiff or other officer of a court of justice, acting under the authority of the court and appraising any goods or chattels, whatever may be the value, or selling any goods or chattels, whether under writ of seizure and sale, distress or other writ or order —

(a)

to levy a sum not exceeding $100, exclusive of expenses; or

(b)

where the property to be sold is not expected to exceed $100,to take out a licence as an appraiser under this Act.”.

Clause 9

Amendment of section 13

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Section 13 of the principal Act is amended by deleting paragraphs (b) to (e) and substituting the following paragraphs:“(b)any advocate and solicitor who as such has in force a practising certificate to take out in addition thereto a licence as a house agent; or

(c)

any appraiser having a licence in force under this Act to take out in addition thereto a licence as a house agent.”.

Clause 10

Amendment of section 14

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Section 14 of the principal Act is amended by deleting the words “, or if an auctioneer has parted with any property entrusted to him for sale without obtaining payment for it and has failed to make good to his employer the value thereof or has otherwise misconducted himself as an auctioneer” in the 6th to 10th lines.

Clause 11

Amendment of section 15

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Section 15 of the principal Act is amended —

(a)

by deleting paragraph (b) and substituting the following paragraph:“(b)has committed any offence as a house agent; or”;

(b)

by deleting paragraph (c); and

(c)

by re-lettering paragraph (d) as paragraph (c).

Clause 12

Repeal and re-enactment of section 18

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Section 18 of the principal Act is repealed and the following section substituted therefor:“Power to make regulations

18. The Minister may make regulations necessary for or convenient to carrying out the provisions of this Act, including but not limited to the length of notice to be given and the manner of advertising sales on the instructions of mortgagees acting under powers of sale or of any person in a position of trust with respect to or liable to account for the proceeds of sale.”.

Clause 13

Repeal and re-enactment of Schedule

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The Schedule to the principal Act is repealed and the following Schedule substituted therefor:“THE SCHEDULESection 5FORM AAPPRAISERS AND HOUSE AGENTS ACT (CHAPTER 16)APPRAISER’S LICENCESection 7FORM BAPPRAISERS AND HOUSE AGENTS ACT (CHAPTER 16)HOUSE AGENT’S LICENCE”.

Clause 14

Consequential amendments

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(1)

The Arms and Explosives Act (Cap. 13) is amended —

(a)

by deleting the definition of “licensed auctioneer” in section 2(1);

(b)

by deleting the words “or to a licensed auctioneer” in the 4th and 5th lines of section 13(1); and

(c)

by deleting section 13(2).

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(2)

The Third Schedule to the Central Provident Fund Act (Cap. 36) is amended by deleting item 3 and substituting the following item:“3. Appraisers and House Agents Act (Cap. 16).”.

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(3)

The Third Schedule to the Inland Revenue Authority of Singapore Act (Cap. 138A) is amended by deleting item 1 and substituting the following item:“1. Appraisers and House Agents Act (Cap. 16).”.

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(4)

Part V of the First Schedule to the Trustees Act (Cap. 337) is amended by deleting the words “Auctioneer Licences Act” in paragraph 2(a) and substituting the words “Appraisers and House Agents Act”.

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(5)

Any reference in any other written law to the Auctioneers’ Licences Act shall be read as a reference to the Appraisers and House Agents Act.

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Clause 15

Transitional and saving

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Any person who, immediately before the commencement date of this Act, has in force a licence as an auctioneer under the principal Act shall be deemed to have in force a licence as an appraiser and as a house agent under the principal Act as amended by this Act until 31st December 2000, upon which date that licence shall be deemed to have expired.

Schedule “THE SCHEDULE

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Section 5FORM AAPPRAISERS AND HOUSE AGENTS ACT (CHAPTER 16)APPRAISER’S LICENCESection 7FORM BAPPRAISERS AND HOUSE AGENTS ACT (CHAPTER 16)HOUSE AGENT’S LICENCE”.

Common questions

What is Auctioneers’ Licences (Amendment) Bill?
Auctioneers’ Licences (Amendment) Bill is Singapore Bill, cited as Bill 17 2000, currently marked in force and first recorded in 2000.
Is Auctioneers’ Licences (Amendment) Bill still in force?
Yes — Auctioneers’ Licences (Amendment) Bill is currently in force.
When did Auctioneers’ Licences (Amendment) Bill take effect?
Auctioneers’ Licences (Amendment) Bill was first recorded in 2000.
How many clauses does Auctioneers’ Licences (Amendment) Bill have?
Auctioneers’ Licences (Amendment) Bill contains 15 clauses.
Where can I read the official version of Auctioneers’ Licences (Amendment) Bill?
The official text of Auctioneers’ Licences (Amendment) Bill is published at sso.agc.gov.sg.