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| CONDITIONS OF SALE
DESCRIPTION OF GOODS 1. Whilst every care has been taken in the compilation of this catalogue neither the State Procurement Board nor the Auctioneers accept any responsibility for any misdescription and make NO WARRANTY whatsoever. 2. The whole of the lots having been available for inspection NO ALLOWANCE OR REFUNDS will be made nor will any purchaser be permitted to reject any lot on the ground that it is NOT correctly described in the catalogue. WARRANTY 3. NO WARRANTY is given to the condition of the vehicles offered. All items have been available for inspection and it is the purchaser's responsibility to form his/her assessment of the conditions of the items on which he/she bids. Items are sold AS IS and are to be taken with all faults (if any) and will be at the purchasers risk on the fall of the hammer. 4. As a service to purchasers where there are any major defects known to the vendor which are not readily discernible by visual inspection, purchasers will be advised of these as the vehicle is offered. In furnishing advice regarding any vehicle offered at the sale, a WARRANTY OR GUARANTEE IS NOT THEREBY EXPRESSLY GIVEN OR IMPLIED THAT THE VEHICLE HAS NO OTHER DEFECTS, whether known or unknown to the vendor, and NO WARRANTY OR GUARANTEE WHATSOEVER IS GIVEN REGARDING THE VEHICLE. 5. It is the purchaser's responsibility to form his/her assessment of the condition of any of the vehicles on which he/she bids. 6. NO ALLOWANCE OR REFUNDS will be made NOR will any purchaser be permitted to reject any vehicle on the ground that it is not correctly described. The said vehicles are to be taken with all faults (if any) and will be at the purchasers risk on the fall of the hammer. 7. The motor vehicle is sold "as is" in its present and existing physical condition. "As is" in this context does not include any existing registration on the vehicle. The purchaser will need to re-register the vehicle.
CONDUCT OF AUCTION 8. The highest bidder shall be the purchaser EXCEPT where there is a reserve price. 9. The Auctioneer may without giving any reason therefore refuse to accept the bid of any person(s) and may decline the offer for any lot or withdraw any lot or lots from sale. 10. Should any dispute arise as to any bid the relevant lot(s) may, at the option of the Auctioneer be put up again and resold. 11. At the discretion of the Auctioneer every bid shall be at least 5 per cent in advance of the previous one, and no person may retract his/her bid once made. 12. Each purchaser shall immediately after any lot is knocked down hand to the Auctioneers clerk his/her name and address in writing. 13. TERMS STRICTLY CASH BEFORE DELIVERY. PAYMENT FOR VEHICLES 14. Immediately after each lot is knocked down, the purchaser shall pay to Government Auctions SA a deposit of $200 (GST inc). 15. The purchaser must also pay to Government Auctions SA a purchaser's premium in addition to the purchase price. The amount of the purchaser's premium is specified in the attached schedule. Where this amount is more than permitted by law, the amount of the purchaser's premium is the maximum allowed by law. 16. The deposit and/or the premium may be paid by CASH, BANK CHEQUE or CREDIT UNION CORPORATE CHEQUE. 17. Purchasers arranging to pay by REAL TIME GROSS SETTLEMENT (RTGS),TELEGRAPHIC TRANSFER OR DIRECT CREDIT MUST ENSURE THE FUNDS APPEAR ON OUR BANK STATEMENT THE DAY IMMEDIATELY FOLLOWING THE DAY OF SALE. DELIVERY 18. DELIVERY WILL NOT BE GIVEN DURING THE SALE. 19. Vehicles paid for by TELEGRAPHIC TRANSFER OR DIRECT CREDIT will not be released until the funds appear ON OUR BANK STATEMENT, which normally occurs at 10.00am the day following the transaction. 20. All goods must be paid for in full by 3.30pm on the day immediately following sale, and must be removed by the purchaser at the purchaser's expense by 3.30pm on the third working day following the day of sale. 21. Delivery will be given only on production of Auctioneer's receipted invoice. 22. Whilst the vendors and auctioneers take NO RESPONSIBILITY after the lots are sold, they will assist the purchasers or the purchaser's agent in the removal of their purchases. NON PAYMENT/NON DELIVERY 23. Upon any purchaser failing to pay the purchase price in cash or bank cheque by 3.30pm on the full day immediately following the day of sale, all monies received in part payment shall be absolutely forfeited to the vendor and all lots uncleared may be resold by Public Auction or Private Contract, and the deficiency (if any) on such resale, together with all costs and charges attending shall be made good by the defaulter at this sale. REFUNDS 24. Refunds or adjustments will NOT be made once vehicles have been removed from this area. 25. The laws in force in South Australia, including laws with respect to capacity to contract and the manner of performance, apply to these terms and conditions. 26. The courts of South Australia will have non-exclusive jurisdiction to determine any proceeding in relation to these terms and conditions. Any proceeding brought in a Federal Court must be instituted in the Adelaide Registry of that Federal Court. CHEQUE ENDORSEMENT Bank Cheques and Credit Union Corporate Cheques are to be made payable to TELEGRAPHIC TRANSFER AND DIRECT CREDIT Telegraphic Transfers and Direct Credits are to be made payable to
Vehicles purchased by Real Time Gross Settlement (RTGS), Telegraphic Transfer or Direct Credit will NOT be available for collection until the funds are cleared and appear on our statement. These transactions need to be made before 2.00pm to ensure they reach our account on the following day. In order to readily distinguish your deposit on the bank statement, please use the following identifier as part of the payment description that will appear on our statement. GASA - (Buyer Name AND Buyer Number) Schedule - Purchaser's Premium (See clause 15 above)
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