What can result from failing to make a required contribution to the fund?

When a required contribution to the fund is not made, the most significant consequence is the potential revocation of the auctioneer's license, along with possible civil penalties. This is designed to ensure compliance with regulatory requirements, as these contributions are often necessary to maintain the integrity and functionality of the licensing system.

Revocation of a license means the individual is no longer permitted to conduct auctions, halting their ability to operate professionally. Civil penalties can also serve as financial consequences for non-compliance, acting as a deterrent against neglecting such obligations. These measures ensure that all auctioneers contribute to the funds that support the system, providing a balanced and fair environment for conducting auctions.

While options like reinstatement of a license, an increase in auction fees, or additional training requirements could be related to various aspects of professional regulation, they do not directly correlate with the failure to contribute to the fund in the same way that revocation and civil penalties do.