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Catalogue 5-08-15.Pdf SALE DAY NOTICES CREDIT NO CREDIT WILL BE PROVIDED AT THIS SALE PAYMENT FOR PURCHASES Payment for all purchases is required on the day of the sale preferably on the fall of the hammer. Terms of payment are cash, cheque, EFTPOS or credit card. EFT Details are; National Australia Bank BSB 083 894 ACC 51599 0365 TRANSFER PAPERS Transfer papers will only be issues on receipt of full payment The responsibility to transfer ownership rests with the purchaser. PASSOUTS No horse is permitted to leave the complex without the necessary passout. It is the responsibility of the purchaser to obtain from the sales office a passout for all purchases. POST SALE All purchaser must ensure that all horses are removed from the site on the day of the sale. VETERINARY GV Equine Hospital will have a veterinarian available at the sale to carry out any requests on behalf of purchasers. Services available will be inspection, blood testing, scoping and x-ray. Indicative costs for these services are blood testing $250, scope $150 whilst x-ray requirements and inspection costs will need to be determined between GV Equine and purchaser. Shepparton Harness Racing Club will not be responsible for any veterinary costs incurred by purchaser on the day of the sale. AGENTS Any agent purchasing a horse at this sale will be responsible for the payment of that horse on the day of the sale. No exceptions. WORKING HORSES Some vendors have indicated that they will work some of the racehorses and young stock on sale morning. These workouts will be structured to commence at 10.00am. Details of these workouts will be advised on www.shepparton hrc.com.au well before sale day. MIXED STOCK SALE 2015 SUNDAY 6TH SEPTEMBER 2015 Sale commences at 1.00pm. Please note Some entries in the sale can be seen working on sale day from 10.00am onwards. The sale will be live streamed on www.sheppartonhrc.com.au Email address [email protected] Phone bids will be accepted provided a buyer registration is in place. AUCTIONEER: JAMIE QUINLAN Shepparton Harness Racing Club PO Box 395, Shepparton. 3630 ABN 69 105 752 557 Sale day contact numbers 0428231403 0488231403 0447410478 0409171154 FUTURITY ELIGIBILITY AND STAKE ENGAGEMENT The state Harness Racing Authorities can provide details of eligibility for any futurities. Any details provided by the auctioneer as to eligibility for any series is based solely on the advice of the vendor. The onus will be on the purchaser to determine the accuracy of all stakes and futurity engagements. Contact details for the state Harness Racing Boards HARNESS RACING VICTORIA 03 83780200 HARNESS RACING SOUTH AUSTRALIA 03 82852899 QUEENSLAND HARNESS RACING BOARD 07 36248900 HARNESS RACING NEW SOUTH WALES 02 97226600 TASRACING 03 62129316 RWWA HARNESS RACING 08 94455544 ! CONDITIONS OF SALE These terms and conditions of sale shall apply to all lots sold through sales conducted by or on behalf of Shepparton Harness Racing Inc (SHRCI) A bidder who registers, or vendor who submits a lot for sale will be deemed to be bound by !these terms and conditions. 1. AUCTION CONDITIONS 1.1 SHRCI reserves the right to appoint a person or persons to conduct the auction under these terms and conditions contained in this document ! 1.2 The following conditions will apply to all lots offered for sale (a) Subject to the reserve price if offered, the horse will be sold to the highest bidder and in the event a reserve is not advised, the lot will be sold without reserve. (b) In the event of a dispute, the Selling Agent will be deemed to settle the dispute in the manner they see fit. (c) The auctioneer may at their sole discretion refuse to accept a bid, or withdraw a lot from sale. (d) A bidder who has registered is therefore deemed to be responsible for any bids made by them, unless there has been an authority lodged with the Selling Agent that overrides such a registration. (e) The vendor may bid and if so the highest bidder may have the lot knocked down to them (f) There is no upset price for this sale. (g) In the event any lot is passed in, the last bidder has the right to purchase the lot, at the reserve price before it leaves the ring. (h) All announcements made by the auctioneer from their stand will override any statement written or otherwise ! made and will also take precedence to the terms and conditions of sale. !2. PRIVATE SALES Once a vendor has nominated a lot for sale, no private treaty sale will take place up until the sale date and exclusively for a period of thirty days from the sale date. Further,the selling agent having the right to sell the ! lot at its reserve price and be paid commission during this period. 3. FALL OF THE HAMMER 3.1 Upon the fall of the hammer the purchaser shall provide the Selling Agent with their bidding number and complete and sign the sales acknowledgement document, which under law is deemed as a contract of sale 3.2 If the purchaser fails to comply with the terms of sale under clause 3.1, they are deemed to be in default. (a) The auctioneer may offer the lot for re-sale and any deficit in the purchase price will be the responsibility of the initial purchaser, with a rate of interest calculated at 2% per month, or part thereof. (b) The selling agent may then execute a contract of sale on behalf of the vendor and purchaser, which will be ! deemed to be binding on all parties. !4. VENDORS RIGHTS 4.1 The vendor authorises the selling agent to accept the lot on consignment and sell it by either auction or private ! treaty. 4.2 The selling agent agrees to pay the vendor the proceeds of sale within 30 day, unless the sale has been ! cancelled, or other arrangements have been made mutually between the parties. 4.3 The selling agent will deduct all fees from the vendors proceeds in accordance with the terms and conditions ! as signed by the vendor. 4.4 The selling agent may withhold funds from the vendor in the following circumstances (a) The vendor has not executed all paperwork and provided clear title to the lot (b) The vendor has not satisfied a security on the lot. ! (c) The vendor does not match the ownership records as supplied by HRV 4.5 The selling agent acknowledges the debt owed to the vendor is the net proceeds of sale, however the selling agent is obliged under law to remit funds of any lot to a Secured Party that has a Secured Interest registered in order that such a lot is then offered to the purchaser with clear title. The selling agent will on payment be ! discharged from any obligation to the vendor for that amount. 4.6 Any credit terms offered to a purchaser by the vendor will release the selling agent from any obligation to collect any monies from the purchaser and the vendor acknowledges their obligation to pay all fees owing to the selling agent prior to a pass-out being issued for the lot. All such arrangements should be lodged in writing ! to the selling agent prior to the sale of the lot. ! ! ! !5 PAYMENT BY THE PURCHASER 5.1 Upon the fall of the hammer, the full purchase price becomes due and payable and should be, unless arrangements have been made with the selling agent prior to the selling of the lot, 30 minutes after the sale of ! the lot. 5.2 If the purchase price is not in part, or fully paid as per clause 5.1, a rate of interest of 2% per month ! calculated daily will be payable to the selling agent by the purchaser. 5.3 If the purchaser (herein referred to as the initial purchaser, responsible for signing the contract) defaults in ! either part or full of their responsibility, the selling agent reserves the right to remedy this by; (a) The sale will be cancelled and the selling agent will seek to have the lot retuned (b) The purchaser acknowledges their debt and hereby authorises the selling agent to re-sell the lot and take remedy to recover all costs including interest and legal fees incurred in the collection of the money ! owed. 5.4 The selling agent does not provide credit terms and a purchaser should ensure that in the event of buying a lot, has sufficient funds to pay for the purchases on the day. ! !6. PASSING OF RISK 6.1 The vendor will bear the sole risk and responsibility for a lot until risk in the lost passes to the purchaser ! pursuant to clause 6.2 6.2 Upon the fall of the hammer, the sole risk and responsibility of the lot will be borne by the purchaser, who thereafter will be responsible for all expense incurred by the lot. This will include, stabling, transport and feeding of the lot. Failure to remove the lot on sale will require the selling agent to remove the lot and charge ! the purchaser. 6.3 Both vendor and purchaser hereby indemnifies the selling agent, auctioneer and any designated staff from any ! event that may compromise the lot in any way. 6.4 Any lot not sold, or sale cancelled will revert to the sole risk of the vendor and the vendor will be responsible for ! all costs pertaining to the maintenance and removal from the premises of each respective lot. 6.5 The selling agent in conjunction with the auctioneer may at their sole discretion, engage a veterinary surgeon to inspect and or treat any lot.
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