Steve Tshwete Municipality - Live Auction - Sale 1
Live Auction, Started: 24 Jun 2018 2:00 AM PST
- Double cab bakkies
- Sprinter bus
- Various vehicles and bakkies
VAT/Tax: 15%
Inspection details: Viewing strictly by appointment or viewing 26 June 2018 from 09:00 - 15:00 at Steve Tshwete Municipality's Impounded and Abandoned Vehicles
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 assets will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the assets prior to the auction.
- The Sale of the assets is non-suspensive and not subject to any feasibility or any other condition required by the buyer.
The Sale by auction is subject to
- 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
Currency: South Africa Rand
Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.
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Started: 24 Jun 2018 2:00 AM PST
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