SPESIALE VOORWAARDES / SPECIAL CONDITIONS

SPESIALE VOORWAARDES / SPECIAL CONDITIONS

NYLSVLEI GAME – 9 JUNIE / JUNE 2023

Ons verkoop namens die Verkoper / We are selling on behalf of the Seller

1.a. HOKDIERE: Die risiko van wins en verlies en versorgingsplig gaan oor op die koper met die toeslaan van die bod

1.b. KATALOGUS DIERE: In alle gevalle staak die verantwoordelikheid van die verkoper ten opsigte van verliese met die lewering van die diere op die vervoer- kontrakteur se vragmotor.

1.x. Xxxxx moet verkieslik xxxxxxxx versekering uitneem.

2. U koop per stuk om die lot te neem.

3.a. Betaling: Xxxxxx per Kaart of per elektroniese oorbetaling (EFT) op dag van veiling.

3.b. Indien katalogus wild nie op die vervoerkontrakteur se vragmotor gelewer kan word nie om een of ander xxxx, xxx kapitaal plus rente aan die koper terugbetaal word.

4. BTW is betaalbaar xxxxx xxxxxx vermeld.

5. Bod eenmaal gemaak kan nie teruggetrek word na die val van die xxxxx nie.

6. Vleissentraal se standaard verkoopsvoorwaardes xxx van toepassing.

7. Die Prinsipaal het die geslagte so goed as moontlik bepaal, maar ons waarborg dit nie.

8. Vleissentraal waarborg niks nie, maak seker dat u gelukkig is met dit waarop u bie.

9. Gee al u instruksies skriftelik in by die veilingsklerk.

10.a. NYLSVLEI GAME is bereid om die vervoer te doen. Xxxx xxxxx met Xxxxx – 082 449 1213

VERVOERTARIEWE – Per vrag kilometer + BTW
Trok / Trok met sleepwa, Kameelperdwa	R 40.00
Bakkie & Xxxxxxx	R 28.00

10.b. Die Afslaers aanvaar geen aanspreeklikheid vir die vervoer.

10.c. Permitfooi van R 105.00 betaalbaar.

11. HP van der Xxxx – 081 011 2049 xxx die weglaai van die wild kontroleer.

12. Wildversekering: Versekering is beskikbaar vir alle spesies vir xxxxxxxx xxxxxxx sowel as xxxxxx periodes en volgens u behoefte. Reël direk met die makelaars teenwoordig.

13. Maak vooraf seker by Dept Omgewingsake of u eiendom kwalifiseer vir die wild wat u wil aankoop. Geen permit xxx aan u uitgereik word as u eiendom nie kwalifiseer nie. T.O.V. bedreigde/beskermde spesies moet u reeds in xxxxx xxxx van: Vrystellingspermit/ TOPS permit/ WR xxx.xx, voordat u aankope doen. Die koper xxx steeds verplig om sy aankope vandag te betaal al word sy permit geweier.

14. Tel eers die wild voor die diere afgelaai word saam Met die vragmotor bestuurder en teken die vragbrief, VOORDAT u die deure van die vragmotor oopmaak.

15. Indien u xxxx ernstig beseer raak voordat dit gelaai is, xxx ons in konsultasie met die veearts en op hul aanbeveling, die xxxx van xxxx xxxx.

16. Op voorwaarde dat die Xxxxx xx betalings- verpligtinge ten volle nagekom het, xxx xx wild so gou moontlik gelewer word. Enige vervoer reëlings in par. 10 is onderhewig aan die bepalings van hierdie paragraaf.

17. Voltooi die padkaart agter in die katalogus.

1.a. ANIMALS IN PENS: The risk of profit or loss and the obligation of caring for the animals devolve onto the buyer when the bid is knocked down.

1.b. CATALOGUE ANIMALS: In all instances the sellers responsibility for losses ceases when the animals are loaded onto the contractors vehicle.

1.c. Buyers are advised to make use of transit insurance.

2. You are buying per piece to take the lot.

3.a. Payment : Strictly by Card or by electronic transfer (EFT) on the day of the sale.

3.b. Buyers will be refunded for any short deliveries of catalogue sale animals on the contractor’s vehicle, the capital amount plus interest.

4. VAT must be paid except if otherwise announced.

5. A bid once made cannot be withdrawn, after the fall of the hammer.

6. Vleissentraal’s standard conditions of sale apply.

7. The Principal has determined the sexes as well as possible, but does not guarantee the absolute correctness of these.

8. Vleissentraal for its part guarantees nothing. Make sure you are happy with what you are bidding on.

9. All instructions have to be given in writing to the sale’s clerk at the sale.

10.a. NYLSVLEI GAME is willing to do the transport Arrange directly with Xxxxx – 082 449 1213

TARIFFS – Per loaded km + VAT
Truck, Truck & xxxxxx, Giraffe trailer	R 40.00
Bakkie & Trailer	R 28.00

10.b.The Auctioneers accepts no liability for the transport arrangements.

10.c. Permit fees of R 105.00 payable.

11. HP xxx xxx Xxxx – 081 011 2049 will control the loading of your purchased game. Please do not enter the pens by yourself.

12. Game Insurance:

Insurance is available on all species for transit cover as well as longer periods and according to your needs. Arrange directly with the brokers present.

13. Before bidding make sure from Dept of Environmental Affairs that your property qualifies for the game that you intend to buy. No permits will be issued if the requirements are not met. Buyers of listed TOPS species must beforehand be in possession of TOPS permit / Exemption permit / WR reg. certificate. All purchased animals have to be paid for today, even if a permit is refused by Environmental Affairs.

14. BEFORE opening the doors of the truck to unload the animals, count the animals aboard the truck in the presence of the truck driver.

15. Should an animal be severely injured before being loaded, we shall consult with the veterinarian , and on their recommendation, we shall have it destroyed.

16. Animals will be delivered as soon as possible, but only if the buyer has paid for them in full and has met all his financial obligations relevant to his purchases.

Any arrangements made by the purchaser for the transport of game as per par. 10, are subject to the conditions set out in this paragraph.

17. Kindly complete a route sketch.

1-A	ROOIBOK	-	15	15	NYLSVLEI WARMBAD
1-B	SADDLEBACK IMPALA	1	-	1	BIRKEN VERV GROBLERSDAL	22”
2	XXXXXXXXXXX XXXXX	1	-	1	VS BOERDERY GROBLERSDAL
3	SABLE	1	-	1	DEBEIL BDY	L & R = 47 ⅜” T – T = 22 ⅝” Base = 10”
4	ROOIBOK	10	-	10	NYLSVLEI WARMBAD
5	WATERBUCK	1	-	1	DIPHôFU ROEDTAN
6	XXXX XXXXXXXXX	1	-	1	WELVERDIEND POLOKWANE	29 ½”
7	WATERBUCK	1	-	1	DIPHôFU ROEDTAN
8	BLOUWILDEBEES	1	-	1	NYLSVLEI WARMBAD
9	SABLE	1	-	1	DIPHôFU ROEDTAN
10	SAALRUG BLESBOK	5	-	5	XXXXX XXXXXXX
11-A	BLUE WILDEBEEST	-	2	2	WELVERDIEND POLOKWANE
11-B	GOUE WILDEBEES	-	4	4	WELVERDIEND POLOKWANE
12	RED HARTEBEEST	1	6	7	DIPHôFU ROEDTAN
K-1	BLOUWILDEBEES	2	8	10	WELVERDIEND POLOKWANE
K-2	BLUE WILDEBEEST	3	9	12	NYLSVLEI WARMBAD
K-3	BLOUWILDEBEES	2	8	10	WELVERDIEND POLOKWANE
K-4	BLUE WILDEBEEST	2	9	11	WELVERDIEND POLOKWANE
K-5	BLOUWILDEBEES	1	7	8	DIPHôFU ROEDTAN
K-6	BLUE WILDEBEEST	-	7	7	DIPHôFU ROEDTAN
13	XXXXXXXXXXX XXXXX	1	-	1	VS BOERDERY GROBLERSDAL
14	SWARTWITPENS	1	-	1	DIPHôFU ROEDTAN
15	BLOUWILDEBEES	1	-	1	NYLSVLEI WARMBAD
16	WATERBUCK	1	-	1	DIPHôFU ROEDTAN

17	NYALA	1	-	1	DEBEIL BDY
18	ROOIHARTBEES	1	-	1	HIGHLAND ROOIBOKKRAAL
19	NYALA	1	-	1	DEBEIL BDY
20	SWARTWITPENS	1	-	1	DEBEIL BDY	43”
21	KUDU	1	-	1	XXXXXX XXXXXXXXXXXX
22	BLESBOK	8	-	8	XXXXX XXXXXXX
23-A	BLACK IMPALA	1	-	1	EXCLUSIVE VET KOEDOESKOP
23-B	ROOIBOK	-	15	15	NYLSVLEI WARMBAD
24	WATERBUCK	-	5	5	DIPHôFU ROEDTAN
25	BLESBOK	-	7	7	DIPHôFU ROEDTAN
26	IMPALA	3	-	3	2 x XXXXXX XXXXXXXXXXXX 1 x NYLSVLEI
27	BLESBOK	6	-	6	EXCLUSIVE VET KOEDOESKOP
28	RED HARTEBEEST	2	-	2	DIPHôFU ROEDTAN
29-A	SWARTWITPENS	-	2	2	DEBEIL BDY
29-B	SABLE	-	3	3	DEBEIL BDY	GEEL TAGS
30-A	BLOUWILDEBEES	2	2	4	XXXXX XXXXXXX
30-B	BLUEWILDEBEEST	1	-	1	XXXXX XXXXXXX
R	XXXXX	4	-	4	XXXXX WARMBAD
31	BLUE WILDEBEEST	5	-	5	WELVERDIEND POLOKWANE
32	SEBRA	2	3	5	XXXXX WARMBAD
S	BLUE WILDEBEEST	3	-	3	EXCLUSIVE VET KOEDOESKOP
33	XXXX XXXXXXXXX	6	-	6	XXXXX XXXXXXX
34	BLUE WILDEBEEST	3	-	3	2 x NYLSVLEI 1 x DIPHôFU
35	WATERBOK	-	4	4	DIPHôFU ROEDTAN
C-1	NYALA	1	-	1	EXCLUSIVE VET KOEDOESKOP

C-2-A	XXXXX ROOIBOK	-	5	5	XXXXXX XXXX ROEDTAN
C-2-B	BLACK IMPALA	2	-	2	XXXXXX XXXX ROEDTAN
C-2-C	XXXXX ROOIBOK	1	-	1	XXXXXX XXXX ROEDTAN
C-3	IMPALA	1	8	9	NYLSVLEI WARMBAD
C-4	NYALA	-	2	2	GHOST TRADING WARMBAD
C-5	IMPALA	6	-	6	NYLSVLEI WARMBAD
C-6	SEBRA	-	2	2	NYLSVLEI WARMBAD
C-7	BLUE WILDEBEEST	3	-	3	EXCLUSIVE VET KOEDOESKOP
C-8	BLESBOK	8	-	8	DIPHôFU ROEDTAN
C-9	BLUE WILDEBEEST	3	-	3	EXCLUSIVE VET KOEDOESKOP
C-10	BLESBOK	-	7	7	DIPHôFU ROEDTAN
36	SABLE	1	-	1	DIPHôFU ROEDTAN
37	BLESBOK	6	-	6	EXCLUSIVE VET KOEDOESKOP
38	KUDU	-	3	3	DITJABE HAMMANSKRAAL
39-A	BLACK IMPALA	1	-	1	EXCLUSIVE VET KOEDOESKOP
39-B	ROOIBOK	-	14	14	NYLSVLEI WARMBAD
G-1	GOLDEN GNU	-	5	5	WELVERDIEND POLOKWANE
G-2	BLOUWILDEBEES	3	-	3	EXCLUSIVE VET KOEDOESKOP
G-3	SWARTWILDEBEES	5	-	5	HIGHLAND VRYSTAAT
G-4	WIT BLESBOK	6	-	6	HIGHLAND VRYSTAAT
G-5	BLACK WILDEBEEST	5	-	5	HIGHLAND VRYSTAAT
G-6	BLESBOK	6	-	6	HIGHLAND VRYSTAAT
G-7	IMPALA	3	-	3	NYLSVLEI WARMBAD
G-8	NYALA	1	-	1	EXCLUSIVE VET KOEDOESKOP
G-9	IMPALA	-	8	8	NYLSVLEI

					WARMBAD
G-10	NYALA	1	-	1	EXCLUSIVE VET KOEDOESKOP
40	SABLE	1	-	1	DIPHôFU ROEDTAN
41-A	XXXXX ROOIBOK	2	-	2	XXXXX XXXXXXX
41-B	IMPALA	2	-	2	XXXXX XXXXXXX
42	XXXXX	1	-	1	VS BOERDERY GROBLERSDAL
43	KUDU	1	-	1	NYLSVLEI WARMBAD
44	WATERBOK	1	-	1	DIPHôFU ROEDTAN
45	WATERBUCK	1	-	1	NYLSVLEI WARMBAD
46-A	ROOIBOK	-	6	6	NYLSVLEI WARMBAD
46-B	BLACK IMPALA	2	-	2	EXCLUSIVE VET KOEDOESKOP
47	KAMEELPERD	2	-	2	DIPHôFU ROEDTAN
48-A	GIRAFFE	1	1	2	DIPHôFU ROEDTAN	(XXXX)
48-B	KAMEELPERD	1	-	1	DIPHôFU ROEDTAN
49	NYALA	1	-	1	EXCLUSIVE VET KOEDOESKOP
50	SWARWITPENS	1	-	1	DIPHôFU ROEDTAN	L & R = 50.5” T – T = 13” Base = 11” Punte = 12”
51	WATERBUCK	1	-	1	DIPHôFU ROEDTAN
52	XXXXXXXXXXX XXXXX	1	-	1	XXX X XXXXXXX
53	SABLE	1	-	1	XX XXXX BDY
54-A	ROOIBOK	-	4	4	NYLSVLEI WARMBAD
54-B	BLACK IMPALA	1	-	1	NYLSVLEI WARMBAD

TRADOS BOMAS
55	BLOUWILDEBEES	1	-	1	VS BOERDERY GROBLERSDAL	30”
56	ELAND	1	-	1	VS BOERDERY GROBLERSDAL
57	RIETBOK	-	1	1	DITJABE HAMMANSKRAAL
58	ELAND	1	-	1	VS BOERDERY GROBLERSDAL
59	ELAND	1	-	1	VS BOERDERY GROBLERSDAL
60	GOLDEN GNU	4	5	9	LIMPOPO WIDE MOKOPANE
61	BLOUWILDEBEES	7	-	7	DIPHôFU ROEDTAN
62-A	OSTRICHES	1	2	3	DIPHôFU ROEDTAN	ADULT
62-B	VOLSTRUIS			11	DIPHôFU ROEDTAN	JONK
63	IMPALA	7	12	19	DIPHôFU ROEDTAN
64	BLESBOK	2	9	11	HIGHLAND VRYSTAAT
65	ELAND	1	1	2	DITJABE HAMMANSKRAAL
66	KOEDOE	1	-	1	XXXXXX XXX
67	BLUE WILDEBEEST	1	-	1	NYLSVLEI WARMBAD
68	ELAND	1	-	1	TOKMAR FAM KOEDOESKOP
69	IMPALA	3	14	17	DIPHôFU ROEDTAN
70	ELAND	1	-	1	VS BOERDERY GROBLERSDAL
71	BLACK WILDEBEEST	2	9	11	HELICON VRYSTAAT
72	SWARTWILDEBEES	1	10	11	HELICON VRYSTAAT
73	BLACK WILDEBEEST	3	2	5	HELICON VRYSTAAT
74	XXXX XXXXXXXXX			6	XXXXX XXXXXXX	JONK
75	BLUE WILDEBEEST			5	XXXXX WARMBAD	JONK
76	SWARTWILDEBEES	3	-	3	HELICON VRYSTAAT	VOLWASSE BULLE

KATALOGUS
100	WIT WILDEBEES	1	-	1	SHINGALANA KLERKSDORP
101	BLUE WILDEBEEST	3	-	3	THABA XXXXX WARMBAD
102	BLOUWILDEBEES	3	-	3	THABA XXXXX WARMBAD
103	BLUE WILDEBEEST	3	-	3	THABA XXXXX WARMBAD
104	BLOUWILDEBEES	3	-	3	THABA XXXXX WARMBAD
105	BLUE WILDEBEEST	3	-	3	THABA XXXXX WARMBAD
106	NYALA	1	-	1	THABA XXXXX WARMBAD

BAIE DANKIE VIR U ONDERSTEUNING ! SIEN U GRAAG OP ONS VOLGENDE VEILING 23 JUNIE 2023

RULES OF AUCTION in respect of the sale,

                      (name) on               (date) at       (time) by

                 (auctioneer) of 00 Xxx Xxxxxxxx Xxxx, Xxxxxxxx, 0000,           (cell nr) for

Vleissentraal Bosveld (Pty) Ltd (Reg No. 1999/023988/07) of 00 Xxx Xxxxxxxx Xxxx, Xxxxxxxx, 0000,Tel: 000 000 0000 / E-mail: xxxxxxxxxxxxx@xxxxxxxxxxxxx.xx.xx (As Auction House hereinafter referred to as the “Auctioneer”, and the person conducting the auction referred to as the “auctioneer”)

1. The Sale by auction is subject to a reserve price, unless specifically stated to the contrary by the auctioneer.

2. The seller (owner) and/or his/her representative and/or his/her agent and/or the auctioneer may not bid on any of the seller’s / owner’s goods sold by auction unless it has been specifically advertised or announced from the podium that the auctioneer or seller (owner) or the respective agents or representatives reserve the right to do so.

3. This Rules Of Auction comply with Section 45 of the Act and the Regulations of the Act and Section 45(2) of the Consumer Protection Act, Act 68 of 2008 (“the Act”) read as follows:

“Auctions:

45.(1) In this section, “auction” includes a sale in execution of or pursuant to a court order, to the extent that the order contemplates that the sale is to be conducted by an auction.

(2) When goods are put up for sale by auction in lots, each lot is, unless there is evidence to the contrary, regarded to be the subject of a separate transaction.

(3) A sale by auction is complete when the auctioneer announces its completion by the fall of the hammer, or in any other customary manner, and until that announcement is made, a bid may be retracted.

(4) Notice must be given in advance that a sale by auction is subject to –

(a) a reserve or upset price; or

(b) a right to bid by or on behalf of the owner or auctioneer, in which case the owner or auctioneer, or any other person on behalf of the owner or auctioneer,as the case may be, may bid at the auction.

(5) Unless notice is given in advance that a sale by auction is subject to a right to bid by or on behalf of the owner or auctioneer –

(a) the owner or auctioneer must not bid or employ any person to bid at the sale;

(b) the auctioneer must not knowingly accept any bid from a person contemplated in paragraph (a); and

(c) the consumer may approach a court to declare the transaction fraudulent, if this subsection has been violated.

(6) The Minister may prescribe requirements to be complied with by an auctioneer, or different categories of auctioneer, in respect of –

(a) the conduct of an auction;

(b) the records to be maintained with respect to property placed for auction; and

(c) the sale of any property by auction.

4. The auctioneer will during the auction announce the reason for the auction unless the reason is the normal and voluntary disposal by the owner.

5. The auction will commence at the published time and will not be delayed to allow any specific person or more persons to take part in the auction.

6. All goods and livestock (hereinafter referred to as the “assets”) are sold by the Auctioneer as agent on behalf of the Seller, who hereby authorizes the Auctioneer to collect the purchase price from the Buyer and the seller do hereby cedes to the Auctioneer all the seller’s rights, title and interest in and to its claim for payment of the purchase price against the purchaser which session the Auctioneer do hereby accepts.

7. The purchase price excludes VAT and VAT must be added to the purchase price and paid by the Buyer, unless specifically stipulated otherwise by the auctioneer.

8. The breakdown of advertising costs, if any, will be attached as an annexure to this Rules Of Auction. Additional costs may be added and if so it will be computed in terms of an agreement and/or invoice issued by the supplier or the Auctioneer.

9. If any other Special Conditions apply to this sale, other than the general Rules Of Auction, it will be attached as an annexure to this Rules Of Auction.

10. All assets, other than catalogue animals, shall, immediately after the bid has been knocked down and accepted by the Seller or the Auctioneer, be deemed to have been delivered to the Buyer. Notwithstanding delivery, the Buyer shall not be entitled to remove any purchased assets unless the total amount reflected on the Auctioneer’s invoice in respect of such assets has been paid in full.

11. Notwithstanding delivery, ownership of the purchased assets will not pass to the Buyer until the full purchase price plus interest, if any, is paid.

12. Subject to any reserve price placed on any of the assets by the Seller, and the provisions of clause 13 and 14 below, the Buyer at any sale shall be the highest bidder indicated by the auctioneer by the fall of the hammer or by such other means as he or she may select.

13. The auction shall take place under the exclusive control of the auctioneer. The auctioneer reserves the right, in his/her sole discretion without the necessity to furnish any reasons, to refuse the bid of any person, to regulate the bidding and to indicate the highest bidder. If the auctioneer suspects that a bidder has not made a bona fide bid, or is unable to pay the purchase price or has not made satisfactory arrangements for payment of the purchase price, he may refuse to accept the bid of such bidder or accept it provisionally until the bidder has satisfied him that he is in a position to pay the purchase price or that he has made satisfactory arrangements for payment thereof. On refusal of a bid under such circumstances the assets may immediately be re-auctioned.

14. In the event of a dispute arising amongst the bidders and or the auctioneer, the assets in dispute shall, at the sole discretion of the auctioneer, be re-auctioned.

15. Any mistake by the auctioneer may be corrected by him/her upon discovery thereof.

16. All profit, loss or risk in the assets will pass to the Buyer once it has been delivered to the Buyer who shall at his own risk and expense remove it from the sale venue, subject to 10 above. The Buyer shall be responsible for all costs incurred by either the Seller or the Auctioneer until actual removal of the assets.

17. Should any contractor remove any assets from the sale venue on instruction of the Auctioneer’s representatives, on behalf of the Buyer, the contractor will be deemed to be the contractor of the Buyer who accepts all costs and risks connected with such removal.

18. The Seller warrants that there are no encumbrances on such assets unless otherwise advised, that the said assets are the property of the Seller, and that the Seller is competent and legally entitled to dispose of the assets. The Seller further warrants as against the Buyer that the assets are free of any patent or latent defects.

19. The Seller, who offers the assets for sale, accepts all liability regarding the information furnished as to pedigrees, ages, dates of service, state of health or gestation or any other particulars which might be incorrect. In the event of any dispute the Buyer shall only have a claim against the Seller and not against the Auctioneer.

20. The Seller warrants as against the Auctioneer that the assets are free of patent and latent defects and that any right or claim ceded to the Auctioneer in terms of these Rules Of Auction

is free of any defect or right of deduction or set-off, and that the said right or claim is fully and immediately enforceable against the Buyer.

21. The Buyer shall, prior to the sale, ascertain whether there are any defects in the assets and any bid by a Buyer shall be considered as acceptance of the assets with any patent or latent defects in their condition at the time of sale.

22. The Buyer shall not be entitled to withhold payment of the purchase price to the Auctioneer as a result of any possible or pending claim that he may have against the Seller on the grounds of misrepresentation or for any other reason whatsoever.

23. The purchase price is payable by the Buyer to the Auctioneer in cash (to the discretion of the Auctioneer) or by EFT payment on the date of sale (“the payment date”) unless other payment terms and or means were agreed between the Auctioneer and the Buyer. The Company reserves the right to refuse any method or means as payment.

24. In the event that the Auctioneer agrees to facilitate the purchase of the assets by paying an amount equal to the purchase price to the Seller before the Buyer makes payment to the Auctioneer (“the Payment Terms Agreement”), then the following shall apply:

24.1 The election to make any payment to the Seller shall be in the sole and absolute discretion of the Auctioneer, which discretion may be exercised separately in regard to each transaction entered into by the Buyer.

24.2 Upon payment of the amount referred to in 24.1 above the Seller's right, title and interest in and to any claims and other rights against the Buyer in terms of or connected with the sale of the assets shall forthwith be ceded and transferred to the Auctioneer which session the Auctioneer hereby accepts.

25. In the event of any Payment Terms Agreement between the Auctioneer and the Buyer, the following shall apply;

25.1 No Payment Terms Agreement shall be valid unless reduced to writing and duly signed on behalf of the Auctioneer. The facilitation of any sale by the Auctioneer as referred to in this paragraph shall be strictly subject to the terms and conditions of the Payment Terms Agreement.

25.2 In the event of any conflict between the contents of this document and the Payment Terms Agreement, the provisions of the Payment Terms Agreement shall prevail.

25.3 No application for credit as defined in section 8 of the National Credit Act, Act 34 of 2005, will be received or considered by the Auctioneer.

26. Anyone that intends to bid at the auction whether in his own name or on behalf of another (Buyer) must register his or her identity on the bidder’s record prior to the commencement of the auction and such registration must meet the requirements of the FICA (Financial Intelligence Centre Act, 2001) in respect of the establishment and verification of identity of the person and the person must sign the registration entry and the prospective Buyer must furnish the Auctioneer with a copy of his/her identity document, proof of residence and proof of Income Tax registration.

27. Any person who purchases on behalf of a Principal (i.e. natural person) must furnish the Auctioneer with a written signed Power of Attorney, prior to the commencement of the auction, failing which he/she will be personally liable for payment of any purchases made by him/her. The person bidding on behalf of or signing any document on behalf of the purchaser pursuant to a successful bid hereby binds himself/herself personally as co-principal debtor with the Buyer for payment of the purchase price and personally guarantees all the obligations of the Buyer under this Rules Of Auction.

28. A person who attend the auction, to bid and to sign the bidder’s record, on behalf of another person (i.e. on behalf of a company, close corporation or trust) must furnish the Auctioneer with a written signed Power of Attorney, prior to the commencement of the Auction, that expressly authorizes him/her to bid/sign the bidder’s record on behalf of that legal person, failing which he/she will be personally liable for payment of any purchases made by him/her. Where a person in bidding/signing on behalf of a legal person, the Power of Attorney must appear on the letterhead of the legal person and must be accompanied by a certified copy of the resolution, if required, authorizing him/her to bid/sign on behalf of the legal person. The person bidding on behalf of or signing any document on behalf of the buyer, in terms of the Power of Attorney, pursuant to a successful bid, hereby binds himself/herself personally as co-principal debtor with the buyer for payment of the purchase price and personally guarantees all the obligations of the Buyer under these Rules Of Auction

29. In the event where a Buyer allows another person to purchase on his or her buyer’s number, the registered Buyer shall be liable for payment of such purchases. No bid by an unregistered Buyer will be accepted by the auctioneer and the Buyer will have no claim to any of the assets allegedly purchased by him.

30. Until all amounts owing by the Buyer have been paid in full, the Buyer hereby:

30.1 irrevocably undertakes to identify the purchased assets in such a manner that he can at any time identify and indicate the assets deemed to be the property of, and pledged to, the Auctioneer.

30.2 grants the Auctioneer at all reasonable time’s access to the premises where the assets are stored or kept for the purposes of perfecting its pledge and exercising any other rights in terms of these Rules Of Auction.

31. The Buyer and the Seller hereby consent to the jurisdiction of the Magistrate's Court in terms of Section 45 of the Act on Magistrate Court (Act 32 of 1944 as amended) for any action instituted by the Auctioneer against the Buyer although the Auctioneer is entitled to institute proceedings in any competent Court.

32. A certificate issued by a Director of the Auctioneer, whose appointment and authority shall not be necessary to prove, shall be prima facie proof of the amount owing by the Buyer to the Seller or the Auctioneer.

33. Any indulgence granted by the Auctioneer to the Buyer or the Seller or non-compliance by the Auctioneer of this Rules will not prejudice the rights of the Auctioneer in terms of this Rules Of Auction and such indulgence will not constitute an amendment or waiver or novation of this Rules Of Auction.

34. The entries made in the Auctioneer's auction roll shall be prima facie evidence of the transaction and shall be binding on the Seller and the Buyer.

35. The bidder’s record and the vendor or vendu roll will be made available for inspection within reasonable time after the auction at the office of the Auctioneer during normal business hours free of charge.

36. The Auctioneer does have a trust account into which all money will be paid for the benefit of the Seller minus the agreed commission.

37. Any assets entered or offered for sale are subject to payment by the Seller/Buyer of the agreed commission, or in absence of agreement the usual commission by the Seller/Buyer to the Auctioneer at the rate customarily charged by the Auctioneer from time to time, whether the assets are sold at the auction or thereafter, or at any time thereafter by private treaty. Unless otherwise agreed in writing, commission shall become due and payable by the Seller/Buyer upon the fall of the hammer or upon the entering into of any private treaty involving the Seller’s said assets, whichever date is the earlier, and notwithstanding any breach on the part of the Seller/Buyer.

38. Every bid shall constitute an offer to purchase the property or goods for the amount bid, which the Seller or the auctioneer may accept or reject in their absolute discretion. The seller and auctioneer are entitled, in their absolute discretion to withdraw the property or goods from the sale prior to acceptance by the Seller.

39. If no bid equals or exceeds the reserve price, if any, the property or goods may be withdrawn from the auction.

40. The Auctioneer accepts no liability for any withdrawal of assets from sale.

41. No bid may be withdrawn after the fall of the hammer, and in respect of immovable property until the expiry of the confirmation period (if any) that is provided for in the Conditions of Sale, during which time the offer shall be open for acceptance by the Seller or his agent, and if the offer is accepted the sale shall be deemed to be a sale by auction for purposes of the Act.

42. The highest bidder in respect of immovable property, being the Purchaser, shall sign the Conditions of Sale immediately after the fall of the hammer.

43. The purchaser’s offer in respect of immovable property shall only be deemed to have been accepted when the seller or his agent or whichever may be applicable, has signed the Conditions of Sale on behalf of the Seller in the space provided at the end of the Conditions of Sale.

44. In the event of the sale requiring the consent of any statutory authority or any court of law, then this auction will be subject to the granting of such consent.

45. The Buyer and the Seller do hereby consent to the payment of attorney and own client costs in the event of any action being instituted against them by the Auctioneer whether summons or any other legal action is instituted or not.

46. Any agreement contrary to these Rules Of Auction shall not be binding unless it is confirmed in writing and signed by a Director of the Auctioneer.

47. If any clause or term of these Rules Of Auction should be invalid, unenforceable and illegal, then the remaining terms and provisions of these Rules Of Auction shall be deemed to be severable there from and shall continue in full force and effect unless such invalidity, unenforceable or illegality goes to the root of these Rules Of Auction.

48. Default by Buyer: Should the Buyer/Purchaser refuse or otherwise fail to pay the purchase price within 7 days of the due date, the Auctioneer shall be entitled to;

48.1 claim interest from the Buyer/Purchaser at the prescribed xxxx interest rate calculated from the date of purchase to date of payment, and/or

48.2 repossess the assets, to resell same at the risk of the defaulting Buyer/Purchaser who shall be liable for all costs in connection with the resale and any loss or damage incurred, and will not be entitled to any profit that may arise from the resale, and/or

48.3 institute legal proceedings for the payment of any amount owing or for the return of the assets in which event the provisions of clause 48.2 will apply,

48.4 recover the Auctioneer’s legal costs calculated at the Attorney and own Client tariff as well as collection, tracing, storage and transport costs, and

48.5 retain in pledge any assets or other property in the possession of the Auctioneer belonging to either the Buyer/Purchaser or the Seller as security for the due fulfilment of any obligation owed to the relevant party or the Auctioneer.

49. The Company reserves the right to amend these Rules Of Auction in writing.

50. By entering a bid any prospective Buyer binds himself or herself to this Rules Of Auction.

I, the undersigned, as auctioneer certify that the abovementioned Rules of Auction, to the best of my knowledge, meets the requirements of Regulation 21 of the Consumer Protection Act, Act 68 of 2008

Signature of auctioneer June 2023