Farming Equipment, Tractors And Vehicles
Live Auction, Started: 23 Jun 2015 01:00 PST
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VAT/Tax: 14%
Inspection details: Monday, 22 June 2015 10:00-17:00
Payment type: Wire Transfer
Additional notes: This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 – Regulations The Bidders attention is drawn to the following:
- The Rules of Auction can be found under the "Downloadable Documents" tab
- The asset will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the asset prior to the auction
- The Sale of the asset is non-suspensive and not subject to any feasibility or any other condition required by the buyer
- A reserve or upset price
- All prospective bidders must register prior to the auction and such registration requires proof of identity and residence (FICA) as contemplated in regulation 26;
- A refundable deposit may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT). Kindly provide proof of deposit
- The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties
- The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price
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Currency: South Africa Rand
Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.
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