# County Court Rules (Northern Ireland) 1981, Rule 10: Where sale is subject to reserved price

Extent: N.I.

(1) Where the sale is subject to a reserved price fixed by the court, the purchaser or his solicitor may attend the sitting of the [ district judge] on the day fixed by the advertisement, and if there be any objection to the confirmation of the sate it shall be stated at that sitting.
(2) Where the reserved price fixed by the court has been reached the [ district judge] may confirm the sale by certificate in Form 162 and direct that the deposit be forthwith lodged in court to the credit of the suit, and the certificate of the [ district judge] confirming the sale shall be binding on all parties from the date thereof unless it is discharged or varied on application to [ the judge] by notice of motion made before the expiration of eight days from that date.
(3) Where the [ district judge] refuses to confirm the sale, he shall certify his refusal in Form 16 and direct that further proceedings shall be by way of either—
(a) an application to [ the judge] under Rule 9; or
(b) advertisement for re-sale by tender, subject to the approval of [ the judge] with such consequential directions thereon as he considers necessary;
and where he directs further proceedings under paragraph (b) he shall order the return of the deposit made by the highest bidder.

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Source: https://www.legislation.gov.uk/nisr/1981/225/part/34/rule/10 (the official version)
Page: https://openlegislation.uk/county-court-rules-northern-ireland-1981/part-34/rule-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.