BGEM 8Chapter II · Principles of Management
Section 8 · Secrecy regarding proposed bid at an auction sale
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- When the purchase of any interest in land at an auction sale is recommended for the approval of Government, the limit up to which it is proposed to bid should be indicated demi-officially care being taken that the amount is not known to possible competitors. It should be borne in mind that if secrecy is not observed the price may be forced up to the amount which the Collector is prepared to offer.
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