Welz in contravention of the Banks Act?

See my earlier review of this ********* auctioneering business. I have previously complained that I have still not been paid for a Dylan Lewis sculpture sold on Welz's Cape Town auction in February, i.e. seven months ago and more than five months since early April when I should have been paid in terms of the contract. See my earlier review. I'm not a lawyer but am reasonably informed about commercial law, and in my view what Welz is doing, namely withholding sellers' monies in order to provide finance to buyers at auction, is tantamount to obtaining deposits from members of the public to advance to other members of the public. In my view this is a serious contravention of the Banks Act, which prohibits any entity other than a registered bank from accepting deposits, I suggest that the office of the Registrar of Banks looks into this matter.