TWM Consolidated Pty Ltd Policies
1. Payment for the goods shall be made in full by the date shown as due date for payment on invoice (‘the due date’).The seller shall retain the title to goods supplied to the buyer until it has received payment in full for them. Goods belonging to the seller shall be stored so they identifiable as such. That the seller retains title to goods supplied until they have been paid for shall not affect its right as an unpaid seller.
2. Furthermore, if payment is overdue, or the buyer enters into bankruptcy, liquidation, a composition with is creditors, has a receiver or manger or administrator appointed over all or any part of its assets or becomes insolvent, the seller be entitled ,without prejudice to any other remedy, to repossess goods belonging to it and to enter into any premises, without notice, for this
purpose.
3. If any goods belonging to the seller are disposed of by the buyer or an insurance claim is made in respect of them, the seller shall be entitled to trace the sale or insurance proceeds, which proceeds shall be held by the buyer in a separate bank account on trust for seller.
4. If the buyer fails to make full payment for goods by the due date, the seller may also without notice: _
(a) Cancel any discount stated on the invoice, in which case the seller shall issue a further invoice in the sum of the discount and payment therefore shall become due immediately; and/or
(b) Charge interest on so much of the purchase price that remains unpaid at the rate of 1.5% per calendar month from the date of invoice, in which case the seller shall issue a further invoice for such interest and payment therefore shall become due immediately.
5. Possession of the goods shall pass to the buyer at the time the goods from the seller’s premises and the goods shall thereafter be at the buyer’s risk.
6. In consideration of the seller’s freight and insurance charge the seller shall, unless otherwise directed by the buyer, dispatch and delivery the goods to the buyer or as the buyer may direct and shall insure the goods whilst in transit against such risk which the seller considers appropriate. The charge for freight and insurance is solely to the buyer’s account and is payable by the buyer to seller with payment of goods. The buyer may arrange for such freight and insurance at its own expense, without recourse to the seller, in which event, the seller’s freight and insurance charge will not apply.
7. The goods are sold by seller on these Conditions of sale only and the exclusion of anything to the contrary in terms of the buyer’s order or other documentation.
8. Retention of title : Goods Invoiced Remain the property of Tool World M.C.E Pty Ltd until payment is received in full.
Our terms are strictly 30 Days.
9. If buyer has a change of mind after purchase and full payment has been concluded we can not refund, only exchange.
10. Refunds are given where the goods have a manufacturing fault.
WARNING
TWM Consolidated Pty Ltd will not be held responsible for any damage, injury or illness caused by any products sold to purchasers (buyers), including tools, chemicals, compounds, liquids, gas equipments and electrical items. All necessary health and safety precautions in the use and handling of any products will be the responsibility of purchasers (buyers).
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