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Terms and Conditions

1.         Conditions

1.1       These Terms and Conditions shall govern the purchase of any product including but not limited to a harness racing sulky and its associated products from Bolt Sulky Innovations Pty Ltd ACN 600 739 491 ("Goods"). Unless otherwise agreed by Bolt Sulky Innovations Pty Ltd ACN 600 739 491 ("the Seller", "Bolt Sulky Innovations Pty Ltd", "us", "our", "we") in writing, you ("the Buyer", "your") agree that if you place an order with us and we accept this order, you will be bound by these Terms and Conditions. We will not be bound by any other Terms and Conditions.

1.2       Please read the Terms and Conditions thoroughly before purchasing any Goods, as your purchase of any Goods from us is subject to these Terms and Conditions.

2.         Disclaimer

2.1       To the extent permitted by law, we make no representations or warranties (express or implied) regarding the fitness for purpose of any Goods, except those which are provided for in the Australian Consumer Law (where applicable). We also make no representations or warranties (express or implied) regarding the accuracy of any information which we provide, either verbally or on our website.

3.         Payment Terms

3.1       An order, either verbally or in writing, for the Goods ("Purchase Order") from you shall be deemed to be an offer by you to purchase the Goods which we provide. Acceptance of your offer will occur when you receive verbal or written acknowledgement from us.

3.2       All Purchase Orders must be paid for in full before the Goods will be despatched by us.

3.3       Each Purchase Order constitutes a separate Agreement for the provision of Goods described in the Purchase Order ("Supply Agreement"). The terms of each Supply Agreement consists of our quotation (if any), the Purchase Order and these Terms and Conditions. All other terms or conditions including those in your offer are excluded, unless agreed in writing at the time of acceptance.

3.4       We will supply the Goods according to our standard published prices which may vary from time to time.

3.5       We reserve the right to make any changes necessary to the price to cover any cost variation, including (but not limited to):

(a)        any act or omission on your part or the part of your agents;

(b)        to correct any typographical or clerical errors which may be present in the prices, deliveries or specifications in any offer quoted in the Purchase Order; and

(c)        to cover our costs for any increases in the cost of raw materials, components, labour rates, etc.

4.         Tax

4.1       Unless otherwise stated, all quoted prices do not include sales tax, goods and services tax or any other tax, duty or impost levied over the Goods in Australia or elsewhere. All such taxes, duties and imposts will be added to the price at the designated rate unless, in the case of Australian sales tax (where it is applicable), a tax exemption number is stated or exemption certificate is provided at the time of order.

4.2       If GST is imposed in Australia on any supply made under or in connection with this Agreement, we may recover from you an amount on account of GST. This amount will be in addition to the price or any other amount or consideration payable under this Agreement and to be calculated by multiplying the price or any other amount or consideration payable by you for the relevant supply, by the prevailing GST rate. Any amount on account of GST recoverable from you under this clause, shall be calculated without any deduction or set-off of any other amount and is payable by you upon demand by us, whether such demand is by means of an invoice or otherwise.

4.3       Unless stated otherwise, all prices or other amounts quoted in the Purchase Order are in Australian Dollars (AUD$).

5.         Validity

5.1       Unless otherwise stated, quotations are open for a period of fourteen (14) days from the date of quotation and thereafter are subject to confirmation before acceptance. We reserve the right to withdraw, either verbally or in writing, any quotation prior to acceptance of your offer.

6.         Delivery Dates

6.1       All reasonable endeavours will be made to deliver Purchase Orders approximately 6 weeks after the Purchase Order is paid for in full by you.

6.2       Unless warranted in writing by us to the contrary, delivery dates are approximate only and although we will make every reasonable and best endeavour to deliver the Goods in the Purchase Order by the estimated delivery date, any failure by us to deliver by any particular date will not entitle you to cancel the Agreement or void any of these Terms and Conditions or claim compensation. For the avoidance of doubt, any dates given for delivery are stated in good faith but are not to be treated as a term of this Agreement.

6.3       Where we warrant in writing to guarantee a delivery date, to the extent permitted by law, we will not be liable for failure to fulfil or delays in fulfilling the order where fulfilment is prevented, delayed or hindered by strikes, lockouts, accidents, shortages, of material or labour, shipping delays, wars or any other cause (whether similar or dissimilar) beyond our control.

6.4       All delivery dates are dependent upon the timely receipt by us of your Purchase Order and payment, as well as receipt by us of all necessary particulars required for production and delivery of the Goods.

6.5       Goods must be signed for upon delivery, unless we are notified to the contrary, in writing.

7.         Part Deliveries

7.1       We reserve the right to despatch part of the Purchase Order and you will be invoiced in respect of such delivery in accordance with the payment terms set out herein.

8.         Packing, Crating, Transport and Insurance

8.1       Unless stated otherwise in writing, the price of the Purchase Order includes packing and crating in accordance with our standard practice. Any other packing or crating requested by you or deemed necessary by us will be payable by you.

8.2       Unless stated otherwise in writing, the quote includes our price for transport, insurance and unloading costs. You must pay these costs prior to the despatch of the Goods.

9.         Retention of Title

9.1       Until the Purchase Order is paid in full, ownership of the Goods remains with us. Title to the Goods for each separable portion shall pass to you on the full payment price of each Purchase Order.

9.2       Notwithstanding the foregoing or anything to the contrary contained in this Agreement, until payment is made by you to us in full, the parties agree:

(a)        We take a security interest under the Personal Property and Security Act 2009 (Cth) ("PPSA") in:

(i)         all present and after acquired Goods including any services supplied by us in connection with the provision of those Goods;

(ii)        any proceeds of any sale of the Goods in accordance with clause 10.3 and

(iii)       any proceeds of the insurance referred to in clause,

(iv)       to secure (with equal priority) payment of all amounts that you owe us; and

(v)        the security interest will continue until you have paid all amounts owing to us in accordance with clause.

9.3       You:

(a)agree that we may register (either or both) financing statements and financing change statements under the PPSA in any Goods supplied by us to you;

(b)        will promptly sign any further documents, provide any further information, or do any other things that we reasonably require at your own expense to enable us to perfect and maintain the perfection of our security interest (including by registering a financing statement or financing change statement); and

(c)indemnify (and if requested reimburse) us for all expenses that we incur in registering a financing statement or financing change statement or releasing Goods charged by the statement; and

(d)        will not register or permit to be registered a financing statement or a financing change statement in any goods in which we have a security interest without our prior written consent; and

(e)will give us 14 days' prior written notice of any change in your name, business practice or any other details, and use your best endeavours to ensure that any applicable financing change statement is registered disclosing your new details.

9.4       You agree to waive your right to receive:

(a)        a verification statement confirming registration of a financing statement or a financing change statement relating to any security interest arising in connection with the supply of present and acquired goods from us;

(b)        a notice of our proposal to remove personal property that has become an accession in accordance with section 95 of the PPSA;

(c)        a notice of our proposal to dispose of any personal property under section 130 of the PPSA;

(d)        a notice of our proposal to retain any personal property under section 135 of the PPSA;

(e)        details of any amounts paid to other secured parties in a statement of account provided by us under section 132(3)(d) of the PPSA; and

(f)         a statement of account under section 132(4) of the PPSA.

 

9.5       You agree that:

(a)        we are under no obligation to dispose of or retain any secured property seized by us within a reasonable time under section 125 of the PPSA;

(b)        following a default, you have no rights to redeem the secured property under 142 of the PPSA; and

(c)        you have no rights to reinstate this Agreement following a default under section 143 of the PPSA.

(d)        Except if section 275(7) of the PPSA applies, you agree not to disclose any information of the kind referred to in section 275(1) of the PPSA that is not publicly available and agree not to request that such information is disclosed. We also agree to maintain confidence of information in accordance with this clause10.7.

9.6       This clause 9 will survive the termination of the Agreement to the extent permitted by law..

10.       Shortage in Delivery or Damage or Loss in Transit

10.1     If on delivery there are shortages in the quantity of Goods delivered under the Purchase Order, or if there is any breakage or loss of Goods, you must advise us and the carrier within 72 hours of receipt of the consignment. In the event of non-delivery of a consignment both we and the carrier must be notified in writing.

11.       Force Majeure

11.1     We shall not be liable for any failure to deliver, or delay in the delivery of the Goods due to any cause beyond our reasonable control, including but not limited to acts of God, acts of civil or military authority, fires, epidemics, floods, riots, wars, sabotage, labour disputes, governmental actions or inability to obtain materials, components, energy, manufacturing facilities, or transportation. In the event of any such delay, the date of delivery or performance hereunder shall be extended by a period equal to the time lost by reason of such delay. In the event our production is curtailed for any of the above reasons, we may allocate its production among our various customers.

12.       Risk

12.1     The risk of loss of or damage to the Goods outlined in the Purchase Order will pass to you on despatch. You must, at your own expense, effect full insurance on any Goods in the Purchase Order against any loss or damage from such time that the Goods are at your risk from despatch of the Goods from our principal place of business or our other place of manufacture, to the transport provider.

12.2     Should you elect in writing not to insure the Goods from the time of despatch you do so at your own risk and we are not responsible for any damage or loss which occurs once any Goods under the Purchase Order have been despatched. You indemnify us to the fullest extent permitted by law for any loss or damage suffered to the Goods as a result of your failure to insure the Goods from the date of despatch from our principal place of business or our other place of manufacture.

13.       Guarantees

13.1     In respect of the Goods purchased by you, you may be entitled to the benefit of the guarantees/warranties provided under the Australian Consumer Law in respect of those Goods. However, you acknowledge that any guarantee and/or warranty excludes the following:

(a)        replacement or repairs which are required as a result of improper use of Goods by you or a third party;

(b)        damages arising from any act or omission by you where your act or omission has caused the Goods to become of unacceptable quality; and

(c)        damages arising from a situation where you have failed to take reasonable steps to prevent the Goods from becoming of unacceptable quality.

14.       Warranties

Non-consumer

14.1     This clause applies if you are not a "Consumer" (as that term is defined under the relevant part of the Australian Consumer Law).

14.2     If the Goods provided by us to you are not substantially in accordance with the requirements of the Agreement between the parties, excluding minor omissions or minor defects which do not substantially affect normal use of the Goods, you must promptly advise us within 72 hours from the time upon which you noticed that the Goods are not substantially in accordance with the Agreement between us and you.

14.3     Any Goods which have been rejected by you will be repaired or replaced by us on a discretionary basis. If the Goods are rejected by you, you must provide a notice which must state the reasons for the rejection. If such a notice is not provided, we will not be obliged to repair or replace the rejected Goods.

14.4     If there is a breach by us of any warranty provided by us in relation to the Goods, we will do one or more of the following at our absolute discretion, which will be your sole remedy in respect of such breach:

(a)        replace the Goods or supply of equivalent Goods; or

(b)        repair the Goods; or

(c)        pay the cost of replacing the Goods or of acquiring equivalent Goods; or

(d)        pay the cost of having the Goods repaired.

14.5     If you have not made a claim within the relevant period, we will not be liable for the defect, breach or non-conformance of the Goods at a later date.

14.6     The cost of returning any defective Goods to us shall be borne by you.

14.7     We do not warrant the accuracy, sufficiency or completeness of any information provided by you. Liability for any loss or damages arising out of information provided by you remains your sole liability and you indemnify us to the extent that we suffer or incur any loss, damages, cost, expense or liability arising out of the inaccuracy or incompleteness of such information.

14.8     For the avoidance of doubt this clause does not apply to any damage due to a racing incident or any other racing accident. This clause only applies to a defect in manufacture or design.

Consumer

14.9     This clause applies if you are a Consumer (as that term is defined under the relevant part of the Australian Consumer Law).

14.10  If there is a breach by us of any warranty provided, you are entitled to a replacement or refund for a Major Failure and compensation for any other reasonably foreseeable loss or damage. You are also entitled to have the Goods repaired or replaced if Goods fail to be of Acceptable Quality and the failure does not amount to a Major Failure.

14.11  If there is a breach by us of any warranty provided by us in regard to the Goods provided under this Agreement then we will:

(a)        repair or replace the Goods or relevant parts; or

(b)        where we determine that it is not feasible to repair or replace the Goods, we will refund to you the amount invoiced for the Goods.

14.12  To claim the warranty you must write to us within the relevant Goods warranty period under the Australian Consumer Law, specifying the nature of the defect, breach or non-conformance. All written correspondence must be sent to:

 

Bolt Sulky Innovations Pty Ltd ACN 600 739 491

Lot 18, Collingridge Point,

Berowra Creek, NSW, 2082

14.13  If you make a warranty claim in accordance with this clause, you will be responsible for all expenses associated with the warranty claim other than the costs of the repair, replacement, rectification or refund for the Goods or services, including the cost of returning any defective Goods to us.

14.14  We do not warrant the accuracy, sufficiency or completeness of any information provided by you. Liability for any loss or damages arising out of information provided by you remains your sole liability and you indemnify us to the extent that we suffer or incur any loss, damages, cost, expense or liability arising out of the inaccuracy or incompleteness of such information.

15.       Exclusion of Liability

15.1     To the extent permitted by law and subject to clause 15.2, we will not under any circumstances be liable for any contingent, indirect, consequential or special losses (including but not limited to loss of profit or income, loss of business opportunity, business interruption, increased expense of operation or any financing and holding costs), damages or injuries arising directly or indirectly from this Agreement or any performance or failure to perform this Agreement, whether in contract, tort, negligence, strict liability or otherwise, including (but not limited to) our negligence, default or misconduct even if informed of the possibility of such damages.

15.2     If you are a Consumer, our liability for the failure to comply with a guarantee required under the Australian Consumer Law is limited as follows:

(a)        if the failure cannot be remedied or is a Major Failure (a "Relevant Failure"), our liability is as stated in the Australian Consumer Law in respect of that Relevant Failure;

(b)        if such failure is not a Relevant Failure and if the Goods are not of a kind ordinarily acquired for personal, domestic or household use, then in our absolute discretion, our liability is limited to:

(i)         replacing the Goods or supply of equivalent Goods; or

(ii)        repairing the Goods; or

(iii)       paying the cost of replacing the Goods or of acquiring equivalent Goods; or

(iv)       paying the cost of having the Goods repaired.

15.3     You agree to indemnify us against all losses and expenses which we may suffer or incur due to your failure to observe your obligations under these Terms and Conditions; and any claims made against us by any third party arising out of any act or omission by you in connection with these Terms and Conditions.

15.4     You agree to release us from any liability whatsoever arising in connection with any dispute between us and you as to whether any interest registered on the Personal Property Security Register constitutes a valid security interest capable of registration.

15.5     Notwithstanding any other provision of this Agreement, including this clause, to the extent permitted by applicable law, the limitations and exclusions stated in these Terms and Conditions will apply regardless of whether liability arises from breach of contract, tort (including but not limited to our negligence, default or misconduct or the negligence, default or misconduct of our employees, representatives or agents), by operation of law, or otherwise.

15.6     If you are not a Consumer as defined under the relevant part of the Australian Consumer Law, then to the extent permitted by law all causes of action against us, arising out of or in connection with the supply of the Goods, shall expire unless brought within twelve (12) months from the date of despatch of the Goods to you from our principal place of business or our other place of manufacture.

15.7     In no circumstances whatsoever will we be liable to you for any loss or damage to the Goods after the expiration of the warranty period outlined in clause 15.6.

16.       Indemnity and Release

16.1     We warrant that the Goods have been approved by Harness Racing Australia (approval number 714) and in accordance with rules 271 and 271A of the Australian Harness Racing Rules. You agree to make all necessary enquiries in respect of the approval to use the Goods in any proposed harness racing trials and race meetings and agree to use the Goods in accordance with those approvals.

16.2     You warrant that you use the Goods at your own risk and that you release us and hold us harmless to the fullest extent permitted by law, from any loss or damage resulting from your use of the Goods.

16.3     You indemnify us to the fullest extent permitted by law against all actions, claims, demands, losses, damages, costs and expenses which you may sustain or incur arising from:

(a)        Loss, damage or injury from any cause to property or person through use of the Goods in any way whatsoever

(b)        The negligent or improper use or misuse of the Goods by yourself or anyone else;

(c)        Any personal injury sustained by any person using the Goods however caused other than by the wilful or negligent act of us;

(d)        Any damage to the Goods arising from the use of the Goods in a harness racing race, trial or racing incident or racing accident

16.4     You acknowledge and agree that you will ensure that only parties licensed under the relevant rules and legislation of Harness Racing Australia and its relevant state bodies will use the Goods in harness racing races and trials and agree to ensure all necessary insurances are obtained to cover any accidents or damage to the Goods or injury to yourself or third parties in relation to you use of the Goods. We will not be liable to you for any loss suffered as a result of your failure to comply with this clause and you agree to indemnify us to the fullest extent permitted by law against all actions, claims, demands, losses, damages, costs and expenses which you or others may sustain arising from your breach of this clause 16.4.

17.       Intellectual Property

17.1     In purchasing Goods from us, you acknowledge and agree that all intellectual property rights in respect to the Goods or their manufacture (as applicable) are owned exclusively by us, except for copyright in designs, specifications or drawings provided by you.

17.2     You must not without our prior written consent, decompile, disassemble, reverse engineer, manufacture, duplicate or modify any of the Goods or components in order to reproduce, copy or disclose or permit others to reproduce, copy or disclose any of our designs, specifications or drawings.

18.       Bankruptcy, Liquidation and Default

18.1     If you default in due observance or performance of any or all of your obligations herein or, if you are a person and die or commit an act of bankruptcy, or if you are a company and you take or have taken against you any action for the winding up or the placing of the company under official management, administration, liquidation or receivership other than for the purposes of reconstruction, we may without prejudice to any other rights herein or at law give notice to you of our intention to do any or all of the following:

(a)        treat the Agreement as repudiated and sue for breach;

(b)        suspend manufacture or delivery of the Goods;

(c)        claim the return of all Goods where title has not yet transferred to you;

(d)        retain any security given or monies paid by you and apply this against the assessed loss and damages incurred by us in performing the contract; or

(e)        make all outstanding amounts immediately due and payable.

19.       General

19.1     Headings appear as a matter of convenience only and will not affect the interpretation or meaning of the Agreement.

19.2     No right, interest or obligation in this Agreement can be assigned or subcontracted by you without our prior written consent. We may assign, sub-contract or otherwise transfer any right, obligation or benefit under this Agreement, or any part thereof, to any other party without your consent.

19.3     These terms are subject to the laws of New South Wales and the parties submit to the non-exclusive jurisdiction of the courts of New South Wales and the Commonwealth of Australia.

19.4     Nothing in this Agreement constitutes a joint venture, agency, partnership or other fiduciary relationship between the parties.

19.5     These Terms and Conditions may be amended or varied only by Agreement in writing, signed by the parties.

19.6     Should one of the provisions in these terms be or become entirely or partially invalid, this shall not affect the validity of the remaining provisions.

19.7     Approval for use of our Bolt sulky in New Zealand is currently pending. Terms and conditions in relation to New Zealand sales will be finalised once appoval has been given.

20.       Definitions

20.1     For the purposes of these Terms and Conditions, "Major Failure" has the meaning defined in the Australian Consumer Law.

20.2     For the purposes of these Terms and Conditions, "Acceptable Quality" has the meaning defined in the Australian Consumer Law.