(1) The bidders record for an auction of residential property must be written in English and must record the following information:
(a) the date and place of the auction;
(b) the address of the property;
(c) the name of the seller of the property;
(d) the name and licence number of the seller's agent for the auction;
(e) the name and licence number of the auctioneer conducting the auction;
(f) the licence number of any buyer's agent given a bidder number for the auction;
(g) if the property is sold at the auction—the name of the successful bidder and the sale price;
(h) if the property is not sold at the auction—the highest bid accepted, other than a seller bid made in accordance with the Act, section 30.
(2) The bidders record may be kept in an electronic form.
(3) In this regulation:
"licence" means a licence under the Agents Act 2003 .