Auctioneers Licensing Board

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Overview

  • Act: Auctioneers Act, 1996
  • Formed: 1997
  • CEO: Kenneth Cheruiyot

The Auctioneers Licensing Board in Kenya, established under the Auctioneers Act, 1996, is responsible for regulating and overseeing the auctioneering profession. It licenses auctioneers, ensures adherence to ethical standards, and resolves disputes within the profession. The Board also sets industry guidelines, offers training programs, and takes disciplinary actions for non-compliance. It plays a key role in maintaining professionalism, transparency, and public trust in the auctioneering process. Through its regulatory functions, the Board ensures that auctioneers operate within the law and upholds fairness in the conduct of public and private auctions.

CEO: Kenneth Cheruiyot

Kenneth Cheruiyot is the CEO and Secretary of the Auctioneers Licensing Board in Kenya.
He is also a Principal Magistrate at the Milimani Criminal Magistrates’ Court. He holds a degree in law and has extensive experience in the judiciary.

Functions

  • Licensing Auctioneers: Issue, renew, and revoke licenses for qualified auctioneers in accordance with the Auctioneers Act.
  • Regulation and Oversight: Regulate the conduct of licensed auctioneers to ensure compliance with professional and ethical standards.
  • Dispute Resolution: Hear and determine complaints or disputes involving auctioneers and their clients.
  • Disciplinary Action: Impose penalties, fines, or revoke licenses for auctioneers found guilty of misconduct.
  • Setting Standards: Develop and enforce standards of practice for the auctioneering profession.
  • Supervision: Monitor auctioneering activities to prevent fraud, malpractice, and unethical behavior.
  • Guidelines for Auctions: Prescribe procedures for conducting public auctions and private sales.
  • Training and Development: Facilitate training programs to enhance the skills and knowledge of auctioneers.
  • Public Awareness: Educate the public on auctioneering processes, rights, and obligations.
  • Advisory Role: Advise the government on matters related to auctioneering policies and legislation.

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