CONDITIONS OF SALE


  1. ALL GOODS SOLD ARE SUBJECT TO 14% VALUE ADDED TAX (VAT).
  1. The right of admission is reserved.
  1. SARS shall, at any time, have the right to stop the auction, or to withdraw a lot, or lots or part of a lot, without providing reasons.
  1. The buyer shall be the highest bidder. Should any dispute arise between two or more bidders, the lot or lots shall be put up again and resold or in consultation with SARS representative, the auctioneer may declare the buyer.
  1. Lots may be grouped or any lot may be divided at the discretion of SARS representative provided buyers have no objection.
  1. The order or sequence in which the lots will be sold may be changed at the discretion of SARS representative, provided buyers have no objection.
  1. The officer who attends the auction on behalf of SARS shall have the right, if necessary, to stop the auction or to withdraw any lot or lots if satisfactory prices are not obtained or to sell any lot or lots provisionally subject to confirmation within 14 days.
  1. The auctioneer reserves the right to demand payment from a buyer once the bid has been knocked down to him.
  1. Should a buyer disappear after a bid has been knocked down to him but before payment is received the buyer shall forfeit his deposit and the lot concerned may be sold to another buyer at the same price after expiry of the maximum time of two hours allowed for payment after the last bid. At the discretion of SARS representative the maximum time may be extended but not later than the day on which the auction takes place.
  1. Goods are sold “Voetstoots” and no claims will be considered by SARS by virtue of incorrect description, quantity, inferior quality, condition, or any other ground whatsoever. No guarantees will be given in this regard. Prospective buyers are therefore advised to inspect the lots or have the goods inspected before an offer is made. A bid shall be taken as proof that the bidder has acquainted him/herself with the condition of lots for which he/she bids.

  2. As soon as a lot has been knocked down on a registered buyer, the ownership of the goods sold and risk shall pass to the buyer as soon as payment for the purchase has been received, no complaints will be considered thereafter.

  3. Lots purchased, may be removed at a time determined by SARS. The release of any lots purchased will only be given by the SARS representative upon producing of the auctioneer’s sales slip in duplicate. The duplicate delivery note signed by the buyer or his representative will be retained by SARS as proof of delivery.

  4. All driven-, general- and electrical machinery governed by Occupational Health and Safety Act, Act 85 of 1993, which are sold by SARS, are sold as is “Voetstoots” without any maintenance documentation and must be considered as scrap in terms of Section 10 (4) of previously mentioned Act.

  5. All lots must be removed by the buyer “in toto” within the number of working days indicated hereunder, from the date of the sale at his own risk and cost. If for a reason acceptable by SARS he cannot remove the lots within the prescribed working days; extension may be granted by SARS for a further maximum period of thirty (30) days.

  6. Customs has a right to retain any prohibited and restricted goods
    • No unpacking of cargo at container depots without Customs Supervision
    • Goods at container Depots are subject to handling and storage charges after the day of Auction.

  7. If the buyer fails to take possession of the goods within the time specified herein, SARS has the right to, without further communication, confiscate and dispose of the goods as it may deem fit, without any reimbursement to the buyer. If the buyer wishes to take possession of the goods after the expiry of the period of retrieval SARS can grant approval after storage is paid.

  8. The buyers may attend either personally or be represented to supervise the loading of their lot or lots, but it must be distinctly understood that no complaints will be entertained after each lot has been knocked down.

  9. SARS is under no obligation to provide assistance with the loading or removal of goods purchased.

  10. No staff members of SARS, the auctioneer (contractor) and related parties/ persons (including family members) are allowed to place any bids or buy any goods being auctioned.

  11. Buyers, their representatives and workmen, their vehicles and equipment, will only be allowed on SARS premises at own risk, and SARS accepts no responsibility for their safety or for the safety of their property.

  12. No buyer, his representative or workmen will be permitted to remain on SARS premises at times other than the SARS normal working hours.