Section 1
(1)
This Act may be cited as the Auctioneers Act 1914.
*(2) This Act applies to Sabah and the Federal Territory of Labuan only.
/akn/my/act/act/1914/879
AUCTIONEERS ACT 1914 (REVISED—2026)
The full official text, structured for quick navigation. Copy any provision or jump straight to a section.
- Type
- Act
- Status
- In force
- Enacted
- 1914
- Sections
- 11
- Languages
- EN · MS
Quick answer
About this act
AUCTIONEERS ACT 1914 (REVISED—2026) is Malaysia Act, cited as Act 879 1914, currently marked in force and first recorded in 1914.
Opening note
Preamble
- An Act to regulate auctioneers in Sabah and the Federal Territory of Labuan. [2 January 1914] Short title and application
Section 2
Auctioneers to be licensed
(2)
This section shall not apply to property of the Government of the Federation or of Sabah or of any deceased government official sold under special authority.
Issuance and renewal of licence
Section 3
(2)
The licence shall be renewed annually and the application for the renewal of the licence shall be made not less than one month before the expiration of the current licence.
Auctioneers’ responsibilities
Section 4
(2)
The auctioneer shall not—
(a)
buy on his own account property which he is employed to sell provided that he may purchase such property as the agent of any person employing him in such behalf;
(b)
dispose of any property entrusted to him by private contract without the consent in writing of the owner;
(c)
depute another person to act in his behalf without special sanction in writing given to such person.
Commission and fees
Section 5
The commission and fees chargeable by an auctioneer in respect of sales shall not exceed those set out in the Third Schedule.
Section 6
Occasional licence
Nothing contained in this Act shall prevent any person in districts where no licensed auctioneer exists from making an application for and, on satisfying the proper licensing authority that he is a fit person, from obtaining an occasional licence in the form set out in the
First Schedule and on payment of the fees prescribed in the
Second Schedule.
Section 7
Owners’ bids
(2)
The sale shall not be binding when the owner of the property employs more than one person to bid for the same property.
Rules and penalties
Section 8
Auctioneers 7
The Minister may make rules for carrying out the provisions of this Act and any person who contravenes such provisions shall, on conviction, be liable to a fine of one hundred ringgit and shall, in addition, be liable to the cancellation of his licence.
Act 879
First Schedule
[Subsection 2(1) and section 6]
FORM OF LICENCE
…………………………….. (name) of ………………………………… (address) is hereby authorized to act as an auctioneer for the period of ………………………..
(period of licence).
Fee paid RM ………………
Date ………………………..
…………………………………………..
Signature of Resident or District Officer
Second Schedule
[Subsection 2(1) and section 6]
FEES FOR AUCTIONEER’S LICENCES
(RM)
(c)
Occasional licence for each succeeding day 2
Auctioneers 9
Third Schedule
[Section 5]
COMMISSION AND FEES
Section 1
(a)
Movable property—
Per lot:
10% on the first RM1,000.
2% on the remainder of the sale price.
(b)
Immovable property—
Per lot:
2% on the first RM100,000.
1½% on the next RM100,000.
1% on the remainder of the sale price.
Section 2
Actual costs incurred on necessary travelling, accommodation and subsistence away from the base, and on notice displays and equipment, printing, advertisements, hire of auction premises, postage, handling, and service of notices, and other reasonable costs related to the auction, shall be payable.
Section 3
The above commission and fees shall be subject to a minimum charge of
RM200 for each auction meeting held or postponed within twenty-four hours of the time set for auction.
Act 879
Act 879
(Revised—2026)
Particulars under paragraphs 7(ii) and (iii) of the
Revision of Laws Act 1968 [Act 1]
LIST OF AMENDMENTS
Amending law
Short title
In force from
Ord. No. 319 of 1932 Under Section 5 of the Auctioneers
Ordinance, 1914 31-12-1932
Ord. No. 10 of 1949
Auctioneers (Unification) Ordinance, 1949 25-04-1949
L.N. 449/1964
Modification of Laws (Auctioneers and
Valuers) (Borneo States) Order, 1964 17-12-1964
L.N. 199/1965
Modification of Laws (Declaration of
Federal Present Laws) (Sabah) Order, 1965 16-09-1963
Act A421
Auctioneers (Amendment) Act 1978 24-02-1978
LIST OF LAWS OR PARTS THEREOF SUPERSEDED
No.
Title
Sabah Cap.
Auctioneers Ordinance
WJW26/0078 xx-xx-2026
',&(7$.2/(+
3(5&(7$.$11$6,21$/0$/$<6,$%(5+$'
.8$/$/80385
ZZZSULQWQDVLRQDOFRPP\
HPDLO
FVHUYLFH#SULQWQDVLRQDOFRPP\
7HO
%$*,3,+$.'$1'(1*$13(5,17$+.(5$-$$10$/$<6,$
Common questions
- What is AUCTIONEERS ACT 1914 (REVISED—2026)?
- AUCTIONEERS ACT 1914 (REVISED—2026) is Malaysia Act, cited as Act 879 1914, currently marked in force and first recorded in 1914.
- Is AUCTIONEERS ACT 1914 (REVISED—2026) still in force?
- Yes — AUCTIONEERS ACT 1914 (REVISED—2026) is currently in force.
- When did AUCTIONEERS ACT 1914 (REVISED—2026) take effect?
- AUCTIONEERS ACT 1914 (REVISED—2026) was first recorded in 1914.
- How many sections does AUCTIONEERS ACT 1914 (REVISED—2026) have?
- AUCTIONEERS ACT 1914 (REVISED—2026) contains 11 sections.
- Where can I read the official version of AUCTIONEERS ACT 1914 (REVISED—2026)?
- The official text of AUCTIONEERS ACT 1914 (REVISED—2026) is published at lom.agc.gov.my.