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Auctioneers Amendment Act 1977

Public Act		1977 No 144
Date of assent		23 December 1977

	Title
1	Short Title
2	Voluntary surrender of licence
	Administrative information

An Act to amend the Auctioneers Act 1928

BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:

1 Short Title

This Act may be cited as the Auctioneers Amendment Act 1977, and shall be read together with and deemed part of the Auctioneers Act 1928 (hereinafter referred to as the principal Act).

2 Voluntary surrender of licence

The principal Act is hereby amended by inserting, after section 25, the following section:

“25a

“(1)

A licensee may at any time surrender his licence by forwarding a written notice to that effect, together with the licence, to the Magistrate’s Court in which the Court records relating to the licence are held.

“(2)

The Registrar of that Court shall endorse on the notice the date on which he receives it, and the licence shall, as from that date, cease to have effect.

“(3)

The surrender of a licence under this section shall not affect the licensee’s liability—

“(a)

To pay any fees or other money payable or to be payable in accordance with this Act on or before the date on which the licence would, but for its surrender, expire:

“(b)

To perform any obligation required to be performed by him by or under this Act on or before that date:

“(c)

For any act done or default made before the date on which the licence ceased to have effect.”

This Act is administered in the Department of Justice.

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Auctioneers Amendment Act 1977