Abernethy Contractors - Terms and Conditions

  1. Goods

1.1      The Goods (including any incidental supply of services) shall be as described on any invoices, quotation, work authorisation, or any other forms which are provided by the Contractor to the Customer.


  1. Price And Payment

2.1      The Price shall be as indicated on invoices provided by the Contractor to the Customer in respect of the Goods supplied.

2.2      Time for payment for the Goods shall be of the essence and will  be  stated  on  the  invoice,  quotation  or  any  other  order forms. If no time is stated then payment shall be on delivery of the Goods.

2.3      The Price shall be increased by the amount of any GST and

other taxes and duties, which may be applicable, except to the  extent  that  such  taxes  are  expressly  included  in  any quotation given by the Contractor.

2.4      The Customer shall not be entitled to set off against, or deduct from the Price, any sums owed or claimed to be owed to the Customer by the Contractor nor to withhold payment of any invoice because part of that invoice is in dispute.


  1. Default & Consequences Of Default

3.1      Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate  of  two  and  a  half  percent  (2.5%)  per  calendar  month

(and  at  the  Contractor’s  sole  discretion  such  interest  shall compound monthly  at  such  a  rate)  after  as  well  as  before any judgment.

3.2      If  the  Customer  defaults  in  payment  of  any  invoice  when due, the Customer shall indemnify the Contractor from and against   all   costs   and   disbursements   incurred   by   the Contractor  in  pursuing  the  debt  including  legal  costs  on  a solicitor and own client basis and the Contractor’s collection

agency costs.


  1. Title

4.1      It  is  the  intention  of  the  Contractor  and  agreed  by  the

Customer that ownership of the Goods shall not pass until:

(a) the   Customer   has   paid   all   amounts   owing   for   the particular Goods, and

(b) the  Customer  has  met  all  other  obligations  due  by  the Customer  to  the  Contractor  in  respect  of  all  contracts between the Contractor and the Customer; and

(c) the  Customer  is  only  a  bailee  of  the  Goods  and  until such time as the Contractor has received payment in full for   the   Goods   then   the   Customer   shall   hold   any

proceeds from the sale or disposal of the Goods, up to and  including  the  amount  the  Customer  owes  to  the Contractor for the Goods, on trust for the Contractor.


  1. Defects

5.1      The Customer shall inspect the Goods on delivery and shall within seven (7) days of delivery (time being of the essence) notify  the  Contractor  of  any  alleged  defect,  shortage  in quantity, damage or failure to comply with the description or quote.      The   Customer   shall   afford   the   Contractor   an opportunity to  inspect the Goods  within  a  reasonable time following  delivery  if  the  Customer  believes  the  Goods  are defective in  any  way.   If the Customer  shall  fail  to  comply with  these  provisions  the  Goods  shall  be  presumed  to  be free from any defect or damage. For defective Goods, which the  Contractor  has  agreed  in  writing  that  the  Customer  is entitled to reject, the Contractor’s liability is limited to either (at  the  Contractor’s   discretion)   replacing  the  Goods   or repairing the Goods.


  1. Cancellation

6.1      In  the  event  that  the  Customer  cancels  delivery  of  Goods the  Customer  shall  be  liable  for  any  loss  incurred  by  the Contractor (including, but not limited to, any loss of profits) up to the time of cancellation.


  1. Personal Property Securities Act 1999 (“PPSA”)

7.1      Upon assenting to these terms and conditions in writing the

Customer acknowledges and agrees that:

(a) these   terms   and   conditions   constitute   a   security agreement for the purposes of the PPSA; and

(b) a  security  interest   is   taken  in  all  Goods   previously supplied by the Contractor to the Customer (if any) and

all  Goods  that  will  be  supplied  in  the  future  by  the

Contractor to the Customer.

7.2      The Customer undertakes to:

(a) sign  any  further  documents  and/or  provide  any  further information  (such  information  to  be  complete,  accurate and up-to-date in all respects) which the Contractor may reasonably  require  to  register  a  financing  statement  or financing  change  statement  on  the  Personal  Property

Securities Register;

(b) indemnify, and upon demand reimburse, the Contractor for   all   expenses   incurred   in   registering   a   financing statement   or   financing   change   statement   on   the Personal  Property  Securities  Register  or  releasing  any Goods charged thereby;

(c) not  register  a  financing  change statement  or  a  change demand   without   the   prior   written   consent   of   the

Contractor; and

(d) immediately   advise   the   Contractor   of   any   material change  in  its  business  practices  of  selling  the  Goods which would result in a change in the nature of proceeds derived from such sales.

7.3      The  Contractor  and  the  Customer  agree  that  nothing  in sections 114(1)(a), 133 and 134 of the PPSA shall apply to these terms and conditions.

7.4      The Customer waives its rights as a debtor under sections

116,  120(2),  121, 125, 126, 127,  129,  131  and  132  of the


7.5      Unless otherwise agreed to in writing by the Contractor, the Customer waives its right to receive a verification statement in accordance with section 148 of the PPSA.

7.6      The Customer shall unconditionally ratify any actions taken by the Contractor under clauses 7.1 to 7.5.


  1. Privacy Act 1993

8.1      The  Customer  and  the  Guarantor/s  (if  separate  to  the

Customer) authorises the Contractor to:

(a) collect,   retain   and   use   any   information   about   the

Customer, for the purpose of assessing the Customer’s

creditworthiness  or  marketing  products  and  services  to the Customer; and

(b) to  disclose  information  about  the  Customer,  whether collected by the Contractor from the Customer directly or obtained by the Contractor from any other source, to any other  credit  provider  or  any  credit  reporting  agency  for the purposes of providing or obtaining a credit reference, debt collection or  notifying a default by the Customer.

8.2      Where the Customer  is  an  individual  the authorities  under (clause 8.1) are authorities or consents for the purposes of the Privacy Act 1993.

8.3      The Customer shall have the right to request the Contractor for a copy of the information about the Customer retained by the  Contractor  and  the  right  to  request  the  Contractor  to correct  any  incorrect  information  about  the  Customer  held by the Contractor.

Abernethy Contractors

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