McCormack and McKellar Auctioneers Limited

Breach of s9 of the Fair Trading Act 1986 for misleading customers as to who owned a Tom Esplin painting sold at auction on 21 October 2014. The company also failed to comply with the auction notice provisions set out in s36ZB of the Act, because the notice failed to disclose whether the vendor of the goods was selling goods in trade as a supplier, the sale was subject to a reserve price and vendor bids were permitted.