The Auctioneers Rules

6. Register of warrants and letters of instruction

Edition: 2022-12-31 · In force

An auctioneer shall keep a register of all warrants and letters of instruction passed to him by a client, and shall record in it—

(a)the number of the case under which the warrant was issued and the name of the court that issued it;

(b)the name and address of the creditor and the advocate (if any) who issued the letter of instruction;

(c)the date he received each warrant or letter of instruction;

(d)the amount he is required by the warrant or letter of instruction to recover;

(e)the date of return endorsed upon the warrant;

(f)an itemised inventory of the property to be sold showing the value to be placed on each lot;

(g)the amount realised in respect of each item sold;

(h)the date the warrant was returned to the court;

(i)the date and amount of the proceeds of any sale forwarded to the court, or to the creditor, or his advocate; and

(j)the charges levied by the auctioneer.