2471th Sec 0512

From Thai Codification Codes of 1925

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มาตรา 512
  • ท่านห้ามมิให้ผู้ขายเข้าสู้ราคาเอง หรือใช้ให้ผู้หนึ่งผู้ใดเข้าสู้ราคา เว้นแต่จะได้แถลงไว้โดยฉะเพาะในคำโฆษณาบอกการทอดตลาดนั้นว่าผู้ขายถือสิทธิที่จะเข้าสู้ราคาด้วย

Section 512. (Draft in English from Vol.93)

  • The seller cannot bid or employ any person to bid, unless it is expressly stated in the advertisement of the auction that he has such right.
《Genealogies》
  1. Draft of 1919: Ob.456
  2. Draft of April 1924: 521
  3. Book III of January 1925: 512
《References》

☆ quoted from “INDEX” with supplementary entries in […]

  1. Fr. Code (1804):
  2. Gr. Code (1896):
  3. Swiss Code (1911):
  4. Jp. Code (1896):
  5. English Law : * Sale of Goods Act 58 (3), (4)
  6. Miscellaneous:
《Comments》

The most plausible model would be:

  • Sale of Goods Act (1893), Sec.58;
    • [I] In the case of a sale by auction —
      • (1.) Where goods are put up for sale by auction in lots, each lot is prima facie deemed to be the subject of a separate contract of sale;
      • (2.) A sale by auction is complete when the auctioneer announces its completion by the fall of the hammer, or in other customary manner. Until such announcement is made any bidder may retract his bid;
      • (3.) Where a sale by auction is not notified to be subject to a right to bid on behalf of the seller, it shall not be lawful for the seller to bid himself or to employ any person to bid at such sale, or for the auctioneer knowingly to take any bid from the seller or any such person: Any sale contravening this rule may be treated as fraudulent by the buyer:
      • (4.) A sale by auction may be notified to be subject to a reserved [or upset] price, and a right to bid may also be reserved expressly by or on behalf of the seller.
    • [II] Where a right to bid is expressly reserved, but not otherwise, the seller, or any one person on his behalf, may bid at the auction.