A 15% Buyers Premium and GST will be charged on the knockdown price of each lot.
TERMS OF COLLECTION
All smaller lots and tool room maintenance items and pallet racking must be removed strictly by Thursday 19th September.
All other Lots including Bolt Formers, Cold Headers, Hot Nut Formers, other plant and equipment must be removed by Thursday 3rd October 2019 otherwise the auctioneer shall remove them from site and the purchaser must reimburse any out of pocket expenses incurred by the auctioneer in order to retrieve their lots.
Contact for Riggers
Given the tight timeframe for removal it is IMPORTANT that you engage a Rigger immediately if you are successful in purchasing heavy equipment. Please see contacts below for qualified personnel who have inspected the machinery and are ready to provide you with a quote and commence work immediately:
Machinery Relocations Australia (MRA) - Troy Ovcar +61487939785 [email protected]
Horne Enterprises - Peter Horne +61418365315
General items - There are forklifts and drivers onsite that can load items up to 2 Tonne.
TERMS OF PAYMENT
20% deposit on fall of hammer, balance to be paid within 24 hours of sale.Payment is to be made by Cash, Bank Cheque, EFT, EFTPOS, Mastercard or Visa. (Diners & Amex Cards are not accepted). An additional 2% Fee applies to Payments using Credit Card.
CONDITIONS OF SALE BY PUBLIC AUCTION
1. Terms are strictly cash, bank cheque, EFT, Eftpos, Mastercard or Visa (2% Fee Applies) before delivery.
2. Bidders must register on the authorised cards supplied by the Auctioneer. Bidders must provide their full name, company name, address, ABN, phone number, date and sign that all conditions of sale will be abided by.
3. The highest bidder shall be the purchaser. In the event of any dispute the Purchaser shall be determined by the Auctioneer in such manner as he thinks fit. Time shall be the essence of the sale of each lot.
4. The vendor may bid either personally, by the Auctioneer or by an Agent.
5. Without giving any reason the Auctioneer may refuse to accept any bid, decline any offer, withdraw any lot at any time, vary the order in which the goods catalogued are to be offered or make any alterations deemed expedient.
6. Unless otherwise determined by the Auctioneer every bid shall be at least 5% in advance of the preceding one. No person may retract any bid.
7. Every Buyer shall supply his or her name and address in writing and pay such deposit equal to approximately 20% of the purchasers on-going and accumulative purchases or as the Auctioneer or his clerk may require and the balance of purchase price shall be paid, unless otherwise announced, no later than one hour from the time of the purchase. No goods shall be removed within the time specified by the Auctioneer at the sale. Any electrical, gas or water disconnections must be carried out by qualified tradesperson and left in a safe and appropriate state.
8. Buyers are warned to inspect all lots before bidding. No warranty whatsoever is given with any lot and the Vendor and Auctioneer shall not be responsible for any incorrect description or for the correctness of any statement concerning any lot. Each of the said lots will be taken with all faults and will be at the buyers risk at the fall of the hammer.
9. Where applicable, the Purchaser acknowledges the receipt of a statement in accordance with the Occupational Health and Safety (Plant) Regulations 1995 (Vic). These regulations set down the responsibilities of sellers of plant and equipment regarding the design, manufacture and supply of plant and equipment within the workplace. It is a condition of the sale that purchasers/users of machinery should ensure the item complies with the said regulations and bring such items up to standard where necessary prior to using the machinery. Where there is no statement provided in accordance with the said regulations the purchasers cannot use this as a means to cancel any purchase.
10. All buyers or members of the public enter the auction rooms or Vendors premises entirely at their own risk. Buyers and Members of the public are warned of the possibility of dangerous machinery, chemicals, forklifts etc being present in the auction room or Vendors premises. People may not be familiar with the surroundings – be careful.
11. If any buyer fails to comply with these conditions, any monies deposited in part payment may be forfeited and all lots uncleared may be stored at the defaulter’s risk and expense and resold by public auction or private contract and the deficiency on such resale and all costs and charges attending the same and for storage shall be made good by the defaulter, without prejudice to the right of the vendor or the Auctioneer to sue and recover the price at which the goods were sold.
12. The Auctioneer will announce prior to the commencement of the sale whether the knockdown price of the assets being sold are/are not inclusive of Goods & Services Tax (GST). 10% GST is applicable and will be paid on all items being sold plus the Buyers Premium.
13. If a deficiency arises between the quantity of goods described at the time of the sale and that available at the time of delivery the purchaser shall take and the Vendor shall be required to effect delivery of only the quantity so available and no compensation will be payable in respect of any such deficiency.
14. The purchaser shall be deemed to have abandoned any claim under these Conditions unless such a claim is made at or before the time the goods leave the premises.
15. The Auctioneer will not hold himself responsible for any action that may arise in as much as he is acting solely as agent for the Vendor.
16.BUYERS PREMIUM - The Buyers agree to pay a Buyers Premium applicable to the Auction Sale on top of the knockdown price at a rate announced and advertised prior to the commencement of the Auction with 10% GST added to the relevant Buyers Premium indicated on the Tax Invoice supplied to the purchaser.
SPECIAL NOTE:
Buyers should note there may be additional Conditions of Sale specifically pertaining and relating to any particular Auction Sale. All Buyers should make themselves aware of any such additional Conditions of Sale.
