(1) This rule applies to the sale by an enforcement officer of property seized under an Enforcement Warrant.
(2) The enforcement officer must specify as a condition of the sale of the property that the buyer:
(a) must pay:
(i) a deposit of at least 10% of the price fixed for the property when the buyer's offer for the property is accepted by the enforcement officer; and
(ii) the balance of that price within the period determined by the enforcement officer; or
(b) must pay the whole of the price fixed for the property when the enforcement officer accepts the buyer's offer for the property.
(3) The period mentioned in subparagraph (2)(a)(ii) must:
(a) be determined before the property is offered for sale; and
(b) be a period of no longer than 42 days.