This is an auction sale. All assets in this sale are sold on an "As Is - Where Is" basis.

Assets included in this sale may be used, therefore inspection is highly recommended prior to bidding. Photos and descriptions should be used as a guide only.

Please take care when making a bid as once your bid is placed, it cannot be withdrawn and will not be cancelled unless there are exceptional circumstances (as determined by Grays). If you are unsure do not bid as no refunds will be given unless there are exceptional circumstances (as determined by Grays).

Delivery is not an option for this sale. The removal of goods purchased is the buyers responsibility.

Motor Dealer Licence MD13910

The GST treatment and Buyers Premium allocation for all lots in this auction are identified in the OVERVIEW section above. Where applicable, GST and Buyers Premium are applied to the final bid price and a detailed breakdown is provided on the CONFIRM BID page.

To claim a GST refund for an asset that has been exported, you must:

• Notify us of your intent to export within five (5) days of the Sale closing date
• Pay your invoice in full (including any GST)
• Supply proof of export of the asset within 60 days of the invoice payment date. Acceptable documents are a Bill of Lading, Sea Waybill or Air Waybill
• Please note that refund of GST on Buyers Premium (a service) is only available to overseas buyers

For information regarding the Administration Fees, please see below:

• What is the Administration Fee

We accept the following methods of Payment:

Credit Card

• 2.5% surcharge applies to Diners/Discover transactions
• 1.2% surcharge applies to Mastercard & VISA transactions
• 0.7% surcharge applies to Debit card transactions
• 2.5% surcharge applies to American Express transactions
• No other cards are accepted
• Invoices totalling less than $10,000 will be automatically debited from the card nominated within your account
• Invoices totalling in excess of $10,000 can be paid in-person at any Grays office

PayPal

• 1.2% surcharge applies to PayPal transactions
• Only accepted for invoices totalling less than $10,000 where elected as your preferred payment method within your account

EFT (Direct Deposit)

• For invoices totalling in excess of $10,000. Payment must be made in full within two business days of the auction closing.
• Please ensure to state your invoice number as the payment reference and email proof of the remittance to accountsreceivable@grays.com.au
• As EFT transfers can take up to 2 business days to clear, please contact Grays prior to collecting your purchase to confirm receipt of clear funds

Cash, Bank Cheques and Personal Cheques are not accepted payment methods.

Please see below for further information:

• Payments

For invoice payment enquiries only, please email accountsreceivable@grays.com.au

For all other enquires, please email industrialcs@grays.com.au

The Condition of each product is stated on its Lot Page, and we strongly urge you to familiarise yourself with the Condition before bidding. This is because Grays sells a wide range of products in a variety of Conditions on behalf of our Vendors.

It's important that you read the Lot Description for possible additional information on the Condition of the product including any applicable warranty details. You should take the Condition and the Lot Description into account when you place your bid as we do not offer refunds if you change your mind about your purchase.

Information regarding Product Conditions can be found by clicking below:

• Shopping With Grays

Typically, auctions end at their posted closing time. There are some exceptions to this however, for example if there are any bids placed on a particular lot within 10 minutes of the auction closing time (the "Going, Going, Gone!" period). When this happens, the auction will be extended until there are no more bids placed within ten minutes of the last successful bid.

There is no limit to the number of times an online auction can be extended. This makes Grays work more like a live auction where the bidding does not stop as long as there is still interest in the product, rather than assigning an arbitrary cut-off time. To ensure that you do not get outbid, make sure you monitor the auction until you have won the item or enter an "AUTOBID" that you think will win!

PLEASE NOTE: THIS IS AN AUCTION SALE. ALL ASSETS IN THIS SALE ARE SOLD "AS IS" WITHOUT WARRANTY AND COOLING OFF PERIOD

By registering and bidding you have agreed to our terms and conditions of sale. All bidding is subject to the online "Users Agreement".

The terms and conditions of the online auctions may change from time to time. Please ensure you clearly read the special terms and conditions contained in this page and also in the users agreement. Continuing to use the online auction service following amendments to these terms & conditions will constitute your acceptance of the new terms & conditions applying to this service.

Terms & Conditions can be found by clicking here: Terms & Conditions

Buyers Please Note:

• By registering and bidding, you have agreed to Grays terms and conditions of sale. If necessary please familiarise yourself with them prior to bidding on any items in this auction.
• The terms and conditions of the online auctions may change from time to time. Please ensure you clearly read the special terms and conditions contained in this page and also in the bidders agreement. Continuing to use the online auction service following amendments to these terms & conditions will constitute your acceptance of the new terms & conditions applying to this service.
• Grays staff are onsite for security purpose only, please make sure you have people to help you load your purchases and provide suitable transport.
• Collection can only take place once cleared funds have been received.

Grays guarantees that all vehicles/boats/motorbikes (Vehicle(s)) in this sale are sold with clear title, however in this respect note that:

• Bidders may find when they do perform a PPSR check (highly recommended) in many cases the vehicles do have a security interest registered against them, which will be lifted as soon as the relevant vehicle is sold and monies are cleared in the secured party’s/security holder’s account; and
• Please allow up to 10 business days for the security interest to be removed.