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Section 9

Sales by public auction

of Bills of Sale Act 1950

ActIn forceProvision 9 of 41
Section 9
(1)

No sale by the grantee of any chattels so seized or taken possession of as aforesaid shall be made otherwise than by public auction, conducted by some person duly licensed under any statutory provision in Peninsular Malaysia for the licensing of auctioneers.

(2)

Any sale made in contravention of this section shall be absolutely void, and any person aiding or abetting such sale shall be liable to a fine not exceeding one hundred ringgit.

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(3)

Not more than one year’s arrear of interest shall be recoverable under any bill of sale made or given after the commencement of this Act.