Singapore legislation

Clause 7

of Auctioneers’ Licences (Amendment) Bill

Clause 7

Repeal and re-enactment of section 10

Section 10 of the principal Act is repealed and the following section substituted therefor:“Exemption of officers of courts in levies not exceeding $10010.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.”.