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AUCTION RULES

TERMS & CONDITIONS: PLEASE READ CAREFULLY BEFORE PROCEEDING TO REGISTER FOR AN AUCTION.

  

    • WESBANK AUCTIONS - SPECIAL ADDITIONAL CONDITIONS :
        • WHEN PARTICIPATING IN A WESBANK AUCTION, YOU GRANT WESBANK PERMISSION IN TERMS OF THE PROTECTION OF PERSONAL INFORMATION ACT (POPI ACT) TO SHARE YOUR PERSONAL INFORMATION WITH WESBANK.  IF YOU CHOOSE NOT TO AGREE WITH THIS POPI ACT REQUIREMENT, YOU MAY NOT PARTICIPATE IN THE WESBANK AUCTION.

       

        • IF YOU CHOOSE TO AGREE WITH ABOVE CONDITION, ANY PERSONAL INFORMATION AND/OR DOCUMENTS BELONGING TO YOU OR THAT OF ANY THIRD PARTY AS REQUIRED BY THE FINANCIAL INTELLIGENCE CENTRE ACT, 38 OF 2001, THAT IS PROCESSED THROUGH THE COLLECTION, RECEIPT, RECORDING, ORGANISATION, COLLATION, STORAGE, UPDATING OR MODIFICATION, RETRIEVAL, ALTERATION,  USE OR SUCH OTHER MEANS AS DEFINED IN THE PROTECTION OF PERSONAL INFORMATION ACT, 4 OF 2013, AS PROVIDED BY YOU TO US SHALL BE PROCESSED FOR LEGITIMATE BUSINESS PURPOSES IN THE PROVISION OF ANY PRODUCTS OR SERVICES HEREIN, WHICH MAY INCLUDE THE TRANSMISSION OF SUCH INFORMATION TO FIRSTRAND BANK LIMITED, INCLUDING ITS DIVISIONS, SUBSIDIARIES AND AFFILIATES FOR PROCESSING.

       

        • FURTHER TO ABOVE TWO CONDITIONS, IN THE EVENT THAT A RISK ASSESSMENT IS REQUIRED WESBANK RESERVES THE RIGHT TO CONDUCT SUCH ASSESSMENT AFTER THE AUCTION PROCESS IS CONCLUDED AND MAY CANCEL THE SALE TRANSACTION SHOULD WESBANK NO LONGER DEEM THE TRANSACTION TO FALL WITHIN AN ACCEPTABLE THRESHOLD OF OUR RISK APPETITE TO CONCLUDE THE SALE.  RELEASE OF THE ASSET WILL BE SUBJECT TO THE COMPLETION OF THE RISK ASSESSMENT.
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    • PLEASE NOTE THAT ONLY EFT PAYMENTS (OR CASH DEPOSITS INTO OUR BANK, NOT ON SITE) ARE ACCEPTED.   NO CHEQUES ARE ACCEPTED UNDER ANY CIRCUMSTANCES.  HOWEVER, ANY HARD CASH DEPOSITS ATTRACT A 1% FEE, NO EXCEPTIONS.
    • REGISTRATION/BIDDING DEPOSIT OF R7 000-00 EFT (ELECTRONIC FUNDS TRANSFER). REFUNDABLE FOR UNSUCCESSFUL BIDS ONLY.  FOREIGN NATIONALS ARE REQUIRED TO PAY A R20,000 DEPOSIT.  PLEASE NOTE THAT BIDDING DEPOSITS FOR UNSUCCESSFUL BIDS WILL BE REFUNDED BETWEEN 7 AND 10 DAYS AFTER AUCTION.
    • ALL PERSONS/COMPANIES WHO PURCHASE VEHICLES ON AUCTION ARE OBLIGED UNDER LAW TO COMPLY WITH FINANCIAL INTELLIGENCE CENTRE ACT, 2001 (FICA).  THE FICA REQUIREMENTS ARE LISTED ELSEWHERE ON THIS SITE.  PLEASE BRING THOSE DOCUMENTS ALONG IN ORDER TO REGISTER AS A BIDDER.
    • PLEASE NOTE THAT ANY HARD CASH DEPOSITED INTO AUCTION OPERATION’S BANK ACCOUNT WILL ATTRACT A 2% CASH HANDLING FEE.  WE STRONGLY DISCOURAGE YOU FROM DEPOSITING CASH INTO AUCTION OPERATION’S BANK ACCOUNT.  PLEASE DEPOSIT CASH INTO YOUR OWN ACCOUNT AND PAY OVER EFT TO AUCTION OPERATION.

    • BID RIGGING AND COLLUSSION IS A CRIME AND A VIOLATION OF ANTI-TRUST LAWS, AND WILL NOT BE TOLERATED.  ANYONE FOUND ENGAGED IN THIS ACTIVITY WILL HAVE THEIR BIDDING PRIVILEGES PERMANENTLY REVOKED AND WILL BE REPORTED TO THE AUTHORITIES WHICH COULD RESULT IN PROSECUTION.
    • ABSOLUTELY NO CASH PAYMENTS PERMITTED ON SITE.
    • ALL PURCHASES ARE SUBJECT TO 5% BUYERS PREMIUM PLUS 15% VAT ON THE TOTAL AMOUNT, UNLESS OTHERWISE STATED.  PLEASE REFER TO THE PARTICULAR AUCTION.
    • ALL PURCHASES ARE SUBJECT TO AN ADMINISTRATION FEE PER LOT PURCHASED RANGING FROM R2,000.00 TO R3,000.00 VAT INCLUSIVE, PLEASE REFER TO THE PARTICULAR AUCTION FOR ANY ADDITIONAL CHARGES.
    • EFT’S (ELECTRONIC PAYMENTS) – VERY IMPORTANT - PURCHASES WILL ONLY BE RELEASED IF THE BUYER’S PAYMENT REFLECTS IN AUCTION OPERATION’S BANK ACCOUNT.  NO EXCEPTIONS WILL BE MADE UNDER ANY CIRCUMSTANCES.  PLEASE CHECK WITH THE ADMIN STAFF ON SITE (SEE CONTACT DETAILS TOWARDS THE END OF PAGE FOUR OF THE PARTICULAR AUCTION'S CATALOGUE/RULES DOCUMENTATION) OR TELEPHONE THE NATIONAL OFFICE (086-111-4665) TO CONFIRM WHETHER EFT’S REFLECT BEFORE COLLECTING OR SENDING FOR YOUR PURCHASES.  AUCTION OPERATION CANNOT BE HELD RESPONSIBLE FOR EFT’S THAT DO NOT REFLECT YET.
    • ALL PAYMENTS TO BE MADE BY EFT BY CLOSE OF BUSINESS ON THE AUCTION DAY (NO CHEQUES WHATSOEVER ACCEPTED).
    • AUCTION OPERATION DOES NOT SELL VEHICLES SUBJECT TO FINANCE. PLEASE ENSURE THAT YOUR FINANCE IS IN ORDER BEFORE PROCEEDING TO BID ON AUCTION. IF YOU NEED ASSISTANCE WITH FINANCE PRE-APPROVAL, PLEASE CONTACT OUR ADMINISTRATION OFFICE.
    • ALL VEHICLES PURCHASED TO BE COLLECTED WITHIN THREE DAYS FOLLOWING THE AUCTION.
    • PLEASE NOTE THAT NUMBER PLATES WILL BE REMOVED FROM ALL AUCTION VEHICLES (AFTER VEHICLES HAVE BEEN PAID FOR) AS SOON AS IT’S BEING COLLECTED FROM THE AUCTION SITE.  PLEASE ENSURE THAT YOU COME WITH YOUR TRADE PLATES OR TEMPORARY PERMITS WHEN COLLECTING VEHICLES.
    • VEHICLES ARE SOLD ACCORDING TO YEAR OF FIRST REGISTRATION AND NOT YEAR OF MANUFACTURE.  YEAR OF MANUFACTURE IS UNKNOWN TO AUCTION OPERATION AND NO QUERIES WILL BE ENTERTAINED REGARDING YEAR OF MANUFACTURE.
    • PAPER (NATIS) DELAYS MAY BE EXPERIENCED FROM TIME TO TIME AND IS OUT OF OUR CONTROL.  WE DO OUR UTMOST TO RESOLVE DELAYS AS QUICKLY AS POSSIBLE.  NO CANCELLATIONS ARE PERMITTED ON ACCOUNT OF PAPER DELAYS.
    • PLEASE REGISTER OR DEALER-STOCK YOUR VEHICLES IMMEDIATELY AFTER THE AUCTION TO AVOID COMPLICATIONS.  AUCTION OPERATION WILL NOT BE RESPONSIBLE FOR, NEITHER ENTERTAIN THE RESOLUTION OF ANY PROBLEMS EXPERIENCED BY THE BUYER IF HE/SHE DID NOT REGISTER THE VEHICLE IMMEDIATELY AFTER THE AUCTION.
    • TELEPHONE BIDS FROM VALID REGISTERED BUYERS ARE PERMITTED, PROVIDED THAT THE BUYER PAYS A DEPOSIT OF R10 000, IRRESPECTIVE IF THE BUYER HAS A PERMANENT NUMBER OR NOT
    • ONLINE LIVE BIDS FROM VALID REGISTERED BUYERS ARE PERMITED AND IS SUBJECT TO ALL THE SAME STRINGENT CRITERIA AS OTHER BIDDING TYPES.  ONLINE BIDS RUN CONCURRENT WITH THE FLOOR BIDS ON ANY AUCTION AND ON ANY BID AS THE CASE MAY BE.

    • MANDATED BIDS FROM VALID REGISTERED BUYERS ARE PERMITTED.  THESE MANDATES MUST BE IN WRITING ONLY (NO EXCEPTIONS) AND MUST BE HANDED TO THE ADMINISTRATION OFFICE BEFORE PROCEEDING TO BID ON AUCTION.
    • ANY PERSON BIDDING ON BEHALF OF ANOTHER PERSON OR COMPANY MAY ONLY DO SO IF HE/SHE HAS OBTAINED A WRITTEN MANDATE FROM THE RIGHTFUL REGISTERED BUYER.
    • BUYERS CARDS/NUMBERS (PERMANENT AND OTHER) ARE NOT TRANSFERABLE.  DO NOT ALLOW ANOTHER PERSON/COMPANY TO USE YOUR BUYERS CARD/BUYER NUMBER TO BID ON AUCTIONS. THE REGISTERED BUYER WILL BE RESPONSIBLE FOR ALL VEHICLES PURCHASED ON HIS/HER NUMBER.
    • ONLY REGISTERED BUYERS ARE PERMITTED TO BID ON AN AUCTION.  ANY PERSON INTENDING TO BID MUST REGISTER FIRST – NO EXCEPTIONS WILL BE ALLOWED.
    • ANY PERSON/COMPANY BUYING MORE THAN ONE VEHICLE IS RESPONSIBLE FOR PAYMENT OF ALL THE VEHICLES PURCHASED.
    • EACH AND EVERY LOT WILL BE SOLD AS IS, WHERE IS, WITH NO GUARANTEES OR WARRANTIES, EXPRESS OR IMPLIED. ALL INFORMATION REGARDING THE LOTS IN THE CATALOGUE ARE STATEMENTS OF OPINION ONLY AND SHALL NEVER IMPLY ANY GUARANTEES AS TO THE CORRECTNESS OF ANY INFORMATION SUPPLIED EITHER VERBALLY OR IN WRITING ABOUT ANY LOT. THE BUYER IS RESPONSIBLE FOR CHECKING THE GOODS AND IN MAKING A BID SHALL BE DEEMED TO HAVE MADE HIMSELF FULLY ACCQUAINTED WITH THE GOODS FOR WHICH HE BIDS.
    • PLEASE MAKE YOURSELF FULLY ACQUAINTED WITH LOTS FOR WHICH YOU INTEND TO BID, I.E. SAP VIN NUMBERS AND CODE 3 OR CODE 4, “REPAIR AND RETURN” AND SUCH, WHICH ARE CLEARLY MARKED.
    • CODE 4 MEANS SOLD FOR SPARES ONLY AND NO PAPERS ARE AVAILABLE.
    • NO MECHANICAL REPAIRS ARE ALLOWED INSIDE THE YARD/WAREHOUSE.  YOU MAY ONLY WORK ON YOUR VEHICLE PURCHASED AFTER IT HAS BEEN PAID FOR OUTSIDE THE AUCTION SITE AND YARD (PUBLIC AREA).
    • ALL GOODS ARE SOLD WITHOUT ANY WARRANTIES WHATSOEVER AND THE VEHICLE SUPPLIERS AND AUCTION OPERATION ARE NOT LIABLE TO DISCHARGE THE DUTY OF REPAIR ON VEHICLES.
    • ENGINE AND VIN NUMBERS OF VEHICLES WILL BE SUPPLIED ON REQUEST ONLY.
    • AUCTION OPERATION ARE NOT PERMITTED TO SPLIT INVOICES AS PER THE CONSUMER PROTECTION ACT, 2008 (ACT NO. 68 OF 2008) AND WILL THEREFORE NOT ENTERTAIN ANY REQUESTS TO THAT EFFECT.
    • NO CANCELLATIONS OF PURCHASES ARE PERMITTED.
    • AUCTION OPERATION DOES NOT GUARANTEE ANY MILEAGES DISPLAYED ON THE VEHICLES.
    • PERMANENT BUYERS MUST REPORT AND SIGN-IN ON AN ATTENDANCE REGISTER AT THE ADMINISTRATION WINDOW.

 

AUCTION OPERATION CONTACT DETAILS:

AUCTIONEERS:  MARK BEZUIDENHOUT AND DANIEL BEZUIDENHOUT

TELEPHONE: 086-111-4665      
FAX: 011-472-1033     
ADDRESS: P O BOX 949, NORTH RIDING, 2162.

PLEASE REFER TO OUR STANDARD CONDITIONS OF SALE ON THE BUYERS CARDS

SUBJECT TO CHANGE WITHOUT PRIOR NOTICE.

BANK DETAILS FOR AUCTION OPERATION (PTY) LTD :  FIRST NATIONAL BANK (FNB),  ACC NO 6240-956-5952,  RANDBURG BRANCH  (BRANCH NO 254-005)