Terms and Conditions

The following terms and conditions shall apply to and form part of any contract for the supply of goods and services by Reino International Pty Ltd (ABN 75 079 147 201) ("the Company") to another party ("the Purchaser"). These Terms and Conditions replace any previous Terms & Conditions.

1. Offer and Acceptance:

Any quotation given by the Company is not an offer to sell. An order placed by the Purchaser pursuant to a quotation is not binding on the Company unless and until accepted by the Company.

2. Cancellation of Orders:

Once lodged with the Company, an order may not be cancelled or delivery delayed without the Company's prior agreement, such agreement must be in writing and then only on the terms incorporated in such agreement. In all cases the Purchaser shall pay the Company for all costs associated with work undertaken in relation to the contract and also pay the Company an amount equivalent to the profits, that the company would have achieved, had the contract been completed. The Company's calculation of such an amount shall be binding on the purchaser.

3. Delivery:

The Company shall not be liable for any loss or damage (including consequential loss or damage) arising from delay in delivery or failure to deliver due to circumstances beyond its reasonable control. The Purchaser shall accept and pay for the goods and services notwithstanding late delivery. The company may arrange deliveries to third parties at the request of the Purchaser. Deliveries to third parties pursuant to this clause shall be deemed to be delivered to the Purchaser. Please check and test immediately on receipt, as no claim for credit or shortages will be recognised 7 days from delivery.

4. Payment:

The Purchaser agrees to comply with the normal trading terms of the Company, which are net cash 30 days from date of invoice. ) Or as otherwise stipulated in writing by the Company. It is agreed that in the event that the purchaser does not make payments in accordance with this clause, the credit facilities may be withdrawn and all monies owed by the Purchaser will become immediately payable. Without in anyway limiting the Company's right to require payment in full on the due date, the Company may charge interest on overdue accounts at the rate of 3% above the St George Commercial Bank's variable prime rate as from time to time applicable. The Company may from time to time place or adjust limits on the amount of credit to be extended to the Purchaser.

5. Retention of Title:

Ownership of the goods which are subject of this supply contract is to remain with the Company until such time as the subject of this supply contract and all other goods supplied by the Company to the Purchaser, and all debts owing the Company are paid in full. However risk shall pass to the purchaser on the delivery of goods.Until monies due for all goods supplied, or other services, are paid for in full, the company authorises the Purchaser to sell goods on, but as fiduciary agent for the company. The purchaser shall however not represent to any third parties that he is in any way acting for the Company and the Company will not be bound by any contracts with third parties to which the Purchaser is party. The Company is entitled to retake possession of any unpaid for goods in the event that the Purchaser defaults or commits an act of bankruptcy.

6. Default:

In consideration of the granting of such credit facilities the Purchaser agrees that should collection and/or legal action be taken by the Company for the recovery of any moneys due and payable by the Purchaser to the Company, the Purchaser hereby agrees to be responsible for, and to reimburse the Company for all costs and expenses, including commissions, which may be incurred or become payable in any collection and/or legal action taken for recovery of moneys due and owing. In this regard costs include legal costs on solicitor-client basis.

Please click here to read the rest of Reino's Terms and Conditions