Feedback sought on auctioneer laws
Consumer Protection is seeking public comment as part of a review of the laws covering the licensing and conduct of auctioneers in WA.
Under the Auction Sales Act, auctioneer licences are issued by local magistrate’s courts and WA Police checks are used to determine if applicants are fit and proper people.
The review will look at the licensing issue and to what extent regulation is needed to cover the conduct of auctioneers.
A consultation paper released by Consumer Protection raises options relating to the conduct of auctioneers, buyers and sellers in the areas of disclosure, vendor bidding, dummy bidding, record keeping, trust accounts, standard conditions of sale, collusive practices as well as online auctions.
The review seeks to ensure the auction sales industry is operating in a way that is fair and competitive and is meeting market needs. Making WA laws as consistent as possible with other States and Territories will also be considered.
If regulation of auctioneers continues in whatever form, the licensing function will be transferred to Consumer Protection.
We want to assess the regulatory burden of the licensing system and consider if deregulation may be a valid option.
While this option would result in a reduction in costs for business, the community and government, we must ensure that protections for consumers are maintained.
Analysing the various options for regulation will involve looking at the potential advantages, disadvantages and costs of each option in relation to industry, consumers and government.
I would urge anyone with an interest in the auction sales industry to read the consultation paper by downloading it from www.commerce.wa.gov.au/ consultations and provide feedback in order to help us determine how the industry can best operate in the future.
Submissions close at 5pm on Friday, March 3.
Inquiries can be made by emailing email@example.com or by calling Consumer Protection on 1300 30 40 54.