Cap. 12 Art. 313Form of advertisement of sale by auction.

(1) The Registrar shall publish regularly in two newspapers, one being in Maltese and the other in the English language, lists of the judicial sales by auctions which are about to be held and he shall indicate clearly therein the property in such manner that the public is well informed in order to safeguard the parties’ interests: Provided that the debtor, creditor or any other interested person may publish and inform, at their own expense, any particular sale in any newspaper of their choice or broadcast same over any other broadcasting medium.

(2) The advertisement of a judicial sale by auction shall include:

(a) an indication of the court reference of the judicial sale by auction;

(b) the names of the parties thereto and their identity card or other identity document numbers if available;

(c) a clear indication of the property to be sold;

(d) the value of each property, where a valuation has been carried out in terms of the law; and

(e) the date, time and place of the judicial sale by auction.