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KembaraXtra – Legal Terms – Mock Auction
A mock auction is a deceptive type of auction involving dishonest or misleading sales practices.
Examples include selling goods below the highest bid, secretly refunding part of the purchase price, restricting bidding rights unfairly, or giving gifts to encourage purchases.
Under the Mock Auction Act 1961, conducting or promoting mock auctions involving certain categories of goods is a criminal offence.
The legislation was introduced to protect consumers from fraudulent and manipulative commercial behaviour.
Goods commonly covered by the Act include jewellery, furniture, books, musical instruments, and household items.
A mock auction is a deceptive type of auction involving dishonest or misleading sales practices.
Examples include selling goods below the highest bid, secretly refunding part of the purchase price, restricting bidding rights unfairly, or giving gifts to encourage purchases.
Under the Mock Auction Act 1961, conducting or promoting mock auctions involving certain categories of goods is a criminal offence.
The legislation was introduced to protect consumers from fraudulent and manipulative commercial behaviour.
Goods commonly covered by the Act include jewellery, furniture, books, musical instruments, and household items.
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