How do I become an auctioneer in Kenya

For a person to perform the duties of an Auctioneer, he must hold a valid Auctioneers Licence issued by the Kenya Auctioneers Licensing Board pursuant to the provisions of the Auctioneers Act No. 5 of 1996. The Licensing Board maintains a record of all Licensed Auctioneers in Kenya.
Application for a licence
(1)

The Board shall issue two kinds of licences—

(a)

a class “A” licence which shall be a general auctioneering licence limited to specific districts;

(b)

a class “B” licence which shall be a general auctioneering licence which shall enable the holder to realize charged securities, repossess and sell any property throughout Kenya, execute court orders, and to levy distress within specific districts.

 

(2)

An application for a class “A” licence under section 12 of the Act shall be in Licensing Form I set out in the Schedule and shall be accompanied by—

(a)

such application fee as the Chief Justice may prescribe;

(b)

the following recommendations—

(i) a current certificate of good conduct from the Criminal Investigation Department obtained at least six months prior to the application;
(ii) a recommendation of Licensing Form 2 set out in the Schedule from the area magistrate and the auctioneer or firm of auctioneers under whom the applicant has had experience for the two years prior to the application;
(iii) a recommendation on Licensing Form 3 set out in the Schedule from either a religious leader, or the locational chief of the area of the applicant’s residence, or an advocate of at least 10 years’ standing;
(c)

evidence that the applicant has four “O” level passes including passes in English and mathematics;

(d)

evidence that the applicant has available to him secure premises acceptable to the Board, sufficient to store and auction goods;

(e)

a cash deposit of one hundred thousand shillings or a guarantee of a similar amount from a bank or insurance company properly executed and approved by the Board for the due performance by the auctioneer of his duties and obligations under the Act and these Rules or such higher amounts as the Chief Justice shall prescribe valid for three years from the date of the proposed commencement of the licence applied for;

(f)

evidence that the applicant has insured his premises against burglary, fire and theft for a minimum sum of five hundred thousand shillings or such higher amount as the Chief Justice may prescribe;

(g)

evidence that the applicant has a working knowledge of the rules applicable to auctioneering and attachment and sale of properties with a minimum of three years’ experience with a reputable firm of auctioneers.

 

(3)

An application for a class “B” licence made under section 12 of the Act shall, in addition to the requirements stated in rule 3(2)(b) to (e), be accompanied by—

(a)

such application fee as the Chief Justice may prescribe;

(b)

evidence of the applicant having held a class “A” licence for at least three (3) years;

(c)

evidence that the applicant has insured his premises against burglary, fire and theft for a minimum of one million shillings and for goods in trust for a minimum sum of five hundred thousand shillings or such higher amounts as the Chief Justice may prescribe.


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