Important Information
THE AVIATION AUCTION - IMPORTANT NOTICE TO BIDDERS
SPECIAL CONDITIONS OF SALE RELATING TO THE AVIATION AUCTION.
- · 10% + VAT Buyers Premium
- · Collection of Lots is the responsibility of the winning bidder – The Aviation Auction will assist where possible.
- · Auction Closes from 17:00 GMT Thursday 31st August 2017
- If you require any further information on a Lot, please contact The Aviation Auction – info@theaviationauction.co.uk
1. These Special Conditions of sale should be read in conjunction with the Buyers Terms Conditions of Sale posted within each individual listing.
2. VIEWING: Strictly by appointment through The Aviation Auction. Viewing of Lots will be available from 21st - 25th August.
N.B. The Auctioneers hereby specifically exclude liability for any accident or injury, howsoever arising, sustained by any person or persons who may attend at the premises for the purpose of the auction, inspection, purchase, collection or any other business.
3. SALE CLOSES: From 5pm GMT Thursday 31st August 2017. IMPORTANT: PLEASE NOTE THAT WHEN BIDDING DO NOT FORGET TO REGULARLY REFRESH YOUR SCREEN TO ENSURE YOU ARE AWARE OF ALL CURRENT BIDS.
4. REGISTRATION: To register for this sale please click on the 'Register' link,
5. BUYERS PREMIUM: The successful bidder will pay the below listed (plus VAT) Buyers Premium in addition to the Hammer Price.
The premium for this auction is 10% + VAT
6. VALUE ADDED TAX (VAT) will be charged at 20% on both the hammer price (unless specifically stated) and the Buyer’s Premium. Purchasers from overseas should note that the VAT on the Buyer’s Premium is not recoverable.
7. VALUE ADDED TAX ON GOODS FOR EXPORT: Buyers from within the European Union who produce full details of their trading name and address and VAT registration number at the time of registration will not pay VAT on the hammer price of the goods but will pay VAT on the buyer’s premium. Buyers from outside the European Union will pay VAT upon the hammer price and the buyer’s premium. If the purchaser subsequently produces documentary evidence of permanent export from the Eire within 3 months from the date of sale, then the VAT on the hammer price only will be refunded. Satisfactory documentary evidence will include Certified Bill of Lading, Commercial Invoice and Packing List.
8. PAYMENT: Payment is required IMMEDIATELY by 8th September 2017 upon receipt of invoice unless alternative arrangements have been made with the Auctioneers prior to the sale. We accept payments by BACS / CHAPS paid directly into our Client Account. Payment details as follows:
Please note with immediate effect we have changed our bank details as follows.
Our new details are:
Ref: (Lot Number + Aircraft registration if applicable)
Account name : Fresh Air UK Ltd $ Client Account
A/C Number: 01475657
Sort code: 18-00-91
IBAN: GB11 COUT 1800 9101 4756 57
Swift: COUTGB22
Important Notice - Money Laundering Regulations 2003 - Please note that in order to comply with the Money Laundering Regulations we are unable to accept cash payments in excess of £12,000 (€15,000).
Cheques are not accepted. Bankers draft are accepted with prior approval.
9. TRANSFERS: The Aviation Auction will not recognise the sale of accounts (or parts of accounts) to third parties and we will only accept payment from and allow removal of items by the successful bidders themselves or their appointed agent.
10. PURCHASE OF GOODS THROUGH A FINANCE COMPANY: Please notify us well in advance of the sale if you are intending to purchase though a finance company. This is to ensure that the Finance Company is able to make payment in accordance with the General & Special Conditions of Sale.
11. REMOVAL OF LOTS: The goods are at the risk of the Buyer immediately upon receipt of invoice from the Auctioneers and should be removed by 22nd September 2017. All removals are to be completed STRICTLY by appointment only, appointments for collections of the lots must be arranged with The Aviation Auction immediately after the auction has concluded
To make an appointment for removals and for any further information please contact:
The Aviation Auction on +44(0) 1869 276 018 or info@theaviationauction.co.uk
12. FURTHER INFORMATION: Contact The Aviation Auction at:
The Aviation Auction trading as Freshair UK Limited
UNIT 2, BICESTER DISTRIBUTION PARK,
CHARBRIDGE LANE ,
BICESTER,
OXON,
OX26 4SS
UNITED KINGDOM
Email: tony.simmons@theaviationauction.co.uk