All formal or informal information concerning any lot is subject to modification by announcement from the rostrum by the auctioneer prior to any bid being accepted for the lot.Ģ.2 The highest bidder for a lot shall be the buyer. The auctioneers may bid on behalf of the vendor for all lots subject to reserve otherwise the vendor may bid personally. 1.1 Piano Auctions Limited who act only as auctioneers and agents is called 'the Company'.ġ.2 The representative of the Company conducting the auction is called 'the auctioneer'.Ģ.1 The auctioneer shall be solely responsible for the regulation and control of the bidding and in particular has absolute discretion to divide any lot, to combine any two or more lots, to withdraw any lots from sale, to refuse bids or cancel the sale without giving any reason or previous notice.
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