2016 Shon CONDITIONS OF SALE (1)

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CONDITIONS OF ENTRY
2016 Shongweni February Sale
1. The entry fee is R945.00 (INCL VAT) per horse and must accompany this entry form.
2. Closing date is 20th January 2016
3. The vendor is responsible for ensuring that all horses entered are fit for sale and are delivered to the sale yard free of contagious diseases and with a
veterinary certificate stating that the animal has been inoculated against Equine influenza. The Vendor is to deliver a Jockey Club Regulation Passport to
the Auctioneers on the day of sale. Such passports to be updated at the cost of the Vendor prior to the sale. No payment will be made to the vendor until
the passports and all relevant documentation for all the animals entered by the vendor have been received by the Auctioneers.
4. No horse and/or its progeny shall be sold until it is registered with the Jockey Club. The auctioneers reserve the right to register the horse and/or its
progeny and the vendor concerned will be liable for all costs to this.
5. The auctioneers reserve the right:
to accept or reject any entry
to cancel the sale or reject any entry
6. 6.1 A commission of 7.5 % (plus VAT) will be payable by the Vendor to the
Auctioneers on the price realised in respect of any entry sold.
6.2 There is no minimum commission applicable to the sale.
6.3 The Auctioneers shall have the right to sell without reserve unless the Vendor or
his authorised representative, has signed a Reserve Price Form at the time of
sale.
6.4 No Commission will be charged on any reserve price.
6.5 A withdrawal fee equivalent to a 7.5% (plus VAT) commission or R2000.00
(including VAT), whichever is the greater, will be charged should any lot be sold
privately from the time of entry until 30 days after the date of auction.
6.6 A commission of 7.5% (plus VAT) will be payable by the Vendor to the Auctioneer
on any horse that is “brought in”.
7. A R2000.00 (Including VAT) withdrawal fee may be charged should an entry be withdrawn once the catalogue has been printed. This fee will not be
payable if a veterinary certificate stating that the horse is unfit for sale due to injury or illness is handed to the auctioneers prior to the commencement of
the auction. The Auctioneers reserve the right to have their own veterinarian examine the animal in question and his decision shall entitle
8. The auctioneers shall be entitled to deduct from the proceeds of the sale of any of the Vendors entries, whether or not the Vendor is acting as principle or
an agent, any amount which may be due to the Auctioneers by the vendor or any of his principles.
9. The Vendor, by completing and/or signing this entry form, acknowledges :
9.1. that he is aware of the conditions of sale (“the conditions”) relating to the auction
sale (“the sale”) of thoroughbred horses contained in the catalogue distributed
prior to or at the sale;
9.2. that he fully accepts and agrees to be bound by the conditions, as amended from
time to time, and in particular that, if acting as agent on behalf of a principal, he
warrants his authority to so act and agrees to be jointly and severally liable with
his principal for the fulfilment of the Vendor’s obligations in terms of the
conditions.
10. Full conditions of Sale are published in the Sales catalogues from time to time and are binding on both buyers and sellers
11. All entry forms and fees must be submitted to : Michael Holmes Blodstock
P.O.Box 78100, Avondale Road
Durban 4101
(Fax) 031 – 309 8048
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