The irresponsible bidder shall be liable for the accrued interest on the amount of his bid up to
the date of the second sale, and for the difference between his price and the price of that of the
second auction sale, where the latter is lower.
Where the second price is higher than the first, he shall not benefit from the difference.
The costs of the proceedings, registry fees and the cost of stamp duty paid by the irresponsible
bidder shall not be reimbursed.
Official translation
Spot-checked
In force from 10 April 1998
Source page 85
Section 323 of the Acte uniforme portant organisation des procédures simplifiées de recouvrement et des voies d'exécution/akn/ohada/act/loi/undated/aupsrve-1998