Commonwealth Consolidated Acts

CUSTOMS ACT 1901 - SECT 276

    As to sales by the Collector:

  (a)   The goods shall be sold by auction or by tender and after such public notice as may be prescribed, and where not prescribed after reasonable public notice.

  (b)   The goods may be sold either subject to duty and charges or at a price that includes duty and charges and the price shall be paid in cash on the acceptance of the bidding or tender.

  (c)   No bidding or tender shall be necessarily accepted and the goods may be re - offered until sold at a price satisfactory to the Collector.