Code of Organization and Civil Procedure (Cap. 12), article 314

314. (1) Subject to the provisions of this article, the auction shall be held in public either - (a) in the building of the courts of justice; or (b) in any other building provided by the Minister responsible for justice for the purpose of such auctions and at such time as may be determined by the court: Provided that the court shall have the power for just cause to order that an auctio n shall be held at a ny place and at any tim e, due notice of such place and time bei ng given in the advertisement. (2) In the case of sacred vestments and vessels, the auction shall not be held in public but the court shall give such direc tions as it may deem proper for their disposal in the manner most advantageous to the interested p arties with due respect to the sacred nature of the object to be sold by auction. Cap. 345. (3) In the case of a judicial sale by auction of listed securiti es in regulated markets, the auctio n shall be held in accordance w ith the procedures prescribed in rules and bye-laws made under arti cles 4(2) and 28(2) of the Financial Markets Act . Valuation of property to be sold by auction. Added by: XIV .2006.22. Amended by: VII.2007.30.