2/231 Holt St, Pinkenba, QLD 4008

4 Parkview Drive, Archerfield, Q 4108

(07)
P: 3189
(07) 71178226
3208
E: admin@goldenelitegroup.com.au

ABN: 71 601 729 202

CREDIT ACCOUNT APPLICATION

Please tick to indicate your reasons for completing the Credit Account Application Updating

Existing A/c □ Open New Account □ Change of Name □

A. COMPANY DETAILS:
Name:

ANB/ACN:

Postal Address:

Delivery Address:

Phone No: Fax No: Email:

Contact Person: Position:

Trading as (Please Tick): Sole Trader □ Partnership □

Private Company □ Other □

Date of Incorporation: Type of Business:

B. BANK DETAILS:
Name: BSB No.:

Branch: Account No.:

C. NAME & ADDRESS OF PROPRIETOR, PARTNERS OR DIRECTORS

Name: Address: Phone No.:

D. ESTIMATED MONTHLY CREDIT REQUIREMENT:

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E. TRADE REFERENCES
Name Address Phone No:

F. THE AGREEMENT

1) I/We warrant that the above information is correct and is supplied in consideration
 Of Golden Elite Group
PTY LTD (Hereinafter called ‘the Firm’) granting credit facilities.

2) I/We declare that the business is solvent and able to pay its account as and when due.

3) I/We understand:
i) Goods delivered remain the property of Golden Elite Group PTY LTD until payment in full and of all
monies owed to the Firm and the Firm reserves the right to take possession and dispose of goods or it
sees fit at anytime until full payment.
ii) That the trading terms are strictly 30 days from date of invoice unless otherwise approved/arranged.
The customer must pay all bank fees and charges and any expenses, costs and disbursement, incurred
by the Firm in recovering outstanding monies including debt collection agency fees and solicitors cost
(if any).
iii) The Firm shall be entitled without notice to terminate any credit arrangement with the customer in
the event of the customer defaulting in any of the terms of the Agreement.

i. The Firm shall be entitled to carry out credit checks and to obtain credit report in respect of the
credit worthiness of the customer.
ii. As part of its normal credit assessment procedures I/we consent to Credit Reference Association
of Australia Limited obtaining a credit report about my/our company.

4) In Making this Application for Credit, it is hereby agreed that all purchases shall be subject to the terms and
conditions of Golden Elite Group PTY LTD General Conditions of Sale, as set out in this Credit Account
Application.

SIGNED: PRINTED NAME:

................................................ ..........................................................

POSITION: DATE:

............................................... ..........................................................

FOR INTERNAL OFFICE USE ONLY

1) Comments and Recommendation by Sales Department:

2) Credit Limit Recommended: Signed:

3) Application approved by(GM/Board of Directors): Date:

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 FORM OF GUARANTEE

IN CONSIDERATION of the Firm granting credit terms to


(name of company)........................................................................................

WE.....................................................................................................................
.................................................................................................... Directors’ Name
The undersigned, being directors of
..............................................................................................................................................
..............................................................................................................................................
(hereinafter called ‘the Buyer’) do hereby guarantee the payment by the said company of all
monies owed to the Firm. This guarantee shall be a continuous guarantee and shall not be
affected by time or other indulgence that may be given to the said company.

......................................................... ....................................................
DIRECTOR COMPANY SECRETARY

Printed Name: .................................. .....................................................

Date: ................................................. .....................................................

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 Golden Elite Group PTY LTD General Conditions of Sale

1.0 GENERAL

1.1 In these conditions “the Firm” means Golden Elite Group PTY LTD. “the Buyer” means the
person, firm, or company purchasing the goods, “the Goods” means the materials and/or services
subject to the contract between the Buyer and the Firm.

2.0 ACCEPTANCE OF BUYER’S ORDER

2.1 Unless otherwise agreed in writing, each invoice shall be subject to these conditions of sale
which are deemed to be agreed and accepted by all parties involved and override any standard
terms and conditions stipulated, incorporated or referred to in the Buyer’s order. Unless a price is
agreed herein the price payable is the Firm’s current price on the date of dispatch. If the costs of
the Firm of supplying the Goods not yet delivered shall be increased materially by any dispute or
cause and the parties cannot agree on how such increases shall be borne, the Firm may cancel the
contract without liability in respect of such undelivered Goods. The Firm shall not be responsible
for errors or omissions due to oversight or misrepresentation of verbal instructions received from
the Buyer.

3.0 PAYMENT

3.1 Terms of payment shall be strictly net thirty (30) days unless otherwise approved / arranged.

3.2 Unless agreed in writing , 3 % interest per month will be charged for every amount not paid on
the due time. Every amount unpaid within the agreeded time also makes all other debts payable
forthwith.

3.3 If the Buyer shall fail to make any payment on the due date or become bankrupt or enters into
liquidation (other than for the purpose of amalgamation or reconstruction) or make any
composition arrangement with the creditors or has a receiver appointed of its property or assets or
any part thereof the Firm shall have the option to withhold or cancel further deliveries provided
that failure on the part of the Firm to exercise such option in respect of one or more deliveries shall
not affect their right to exercise it in respect of other deliveries.

4.0 CLAIMES

4.1 All Goods must be thoroughly inspected by the Buyer prior to cutting. The Firm must be
notified of visible defects within two days of the Buyer becoming aware of them.

4.2 Upon receipt of any complaint in respect of the Goods the Buyer shall inspect and examine the
Goods and provide an adequate report to the Firm prior to the Firm inspecting and examining the
Goods. No claim for damages or replacement of the Goods may be accepted by the Firm:

a) Where the Goods have been laid / installed with visible defects;
b) Where the Buyer has failed to notify the Firm of the visible defects in the Goods before the
Goods have been installed;
c) Damages sustained in buyer's possession
d) Where the Goods have not been adequately maintained;
e) Where Goods of different dye lots have been laid;
f) On seconds or other clearance lines of the Goods;
g) For any variation from sample including but not limited to colour, weight, texture, etc. that is
within normal commercial tolerance;
h) Where the Buyer has sold the Goods for a situation that is not suitable for the Goods;
i) Where the product has been treated (other than by the Firm) with any agent or substance

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 including but not limited to anti soiling or flame proofing 
products;
j) Where the Goods have not been installed in accordance with the relevant Australian
Standards;
k) Where the Goods have faded or changed character when exposed to direct sunlight for a
period beyond accepted industry standards;

4.3 The Firm shall not be responsible for any loss of trade or profit or consequential loss of the
Buyer. In the event of a claim being accepted by the Firm the liability of the Firm is limited to any
one or more of the following as the Firm may decide in its absolute discretion: the replacement of
the Goods or the supply of equivalent Foods or the repair of the Goods or the payment of the cost of
replacing the Goods or acquiring equivalent goods or the payment of having the Goods repaired.

4.4 In the case of the replacement of Goods more than twelve months old, a usage factor of twenty
percent per year will be deducted.

4.5 Claims for Goods delivered to the Buyer in a wet condition will not be accepted unless written
notification of the wet condition is given to the Firm within a period of five days from the actual
delivery date. Wet Goods should be held at the delivery point pending advise from the Firm.


4.6 Claims for lost or damaged Goods will not be accepted unless written notification is given to the
Firm within Ten days of the actual or expected ( whichever is applicable ) delivery date. The Firm
will not accept claims for lost or damaged Goods where such losses or damages are caused by the
on- forwarding carrier or after the point where property and risk passes to the Buyer.

4.7 Claims for damaged or defective Goods will not be accepted unless the Goods are returned.
Returned Goods will not be accepted by the Firm unless prior authorisation has been given by an
accredited officer of the Firm. Goods returned unauthorised will not be accepted or credited. This
also applies to cut lengths which has been dispatched and or invoiced.

5.0 RETURNS

5.1 Authorised returns should be carefully packaged with both the consignor and consignee’s
address clearly shown on the packaging together with the relevant P.T.R ( permission to return )
number.

6.0 PROPERTY

6.1 Property in the Goods supplied shall not pass to the Buyer until payment has been received by
the Firm in full, the Goods have been consumed by the Buyer, the Goods have been mixed with
other Goods or the Firm has served a written notice upon the Buyer specifying that the title to the
Goods has passed, whichever shall first occur.

6.2 Until property in the Goods passes to the Buyer hereunder the Buyer shall, unless otherwise
agreed by the Firm in writing, store the Goods so that they are clearly identified as the property of
the Firm.

6.3 If the Buyer fails to make payment in accordance with these conditions of sale the servants or
agents of the Firm shall be entitled to enter the premises of the Buyer to repossess the Goods.

6.4 Until payment has been made in full to the Firm, the Buyer shall be entitled to resell the Goods
or part thereof only upon the condition that the proceeds od sale of the Goods or such part of the
Goods as shall be so sold shall be held by the Buyer in trust of the Firm.

7.0 RISK

7.1 The Goods are at the Buyer’s risk after delivery.

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8.0 DELIVERY TIME

8.1 Where delivery of the Goods is to be made by instalments any failure, suspension, or delay in
any delivery or defect in the Goods delivered shall not vitiate this contract, and payments shall be
due for part delivery.

8.2 All delivery dates are estimated only and the Firm shall not be liable in damages for any delay
in delivery, nor shall the Buyer be entitled to refuse or to accept delivery except where delay of an
unreasonable length has occurred due to circumstances within the Firms control; Acts of God, war,
riots, civil commotions, strikes, lock-outs, trade disputes (provided that the Firm is not required to
settle strikes or lock-outs or other labour difficulties on terms contrary to its wishes), fires.
Breakdowns, interruptions of transport, Government actions and delay in delivery by the Firms
suppliers.

9.0 LIABILITY

9.1 Goods are sold and installation, services or advise is given in good faith in connection therewith
on condition that the Firm and its servants are not liable in contract, tort or otherwise for any loss,
damage or injury to persons or property arising therefrom.

10. GST

10.1 GST is included in all prices.

11. CLERICAL ERRORS

11.1 Clerical errors in computations, typing or otherwise of quotation, acceptance, offer, invoice,
delivery docket, credit note, specification of the Firm shall be subject to correction.

12. LEGAL JURISDICTION

12.1 Each invoice and the conditions of sale shall be governed in all respects in accordance with the
laws of the State of Queensland and each party hereby submits to the jurisdiction of the Courts of
that State.

12.2 If any provision, convenant or condition of any invoice and the conditions of sale is held by
any court of competent jurisdiction to be invalid, void or unenforceable the remainder of the terms,
provision, covenants and conditions shall remain in full force and effect and shall in no way be
affected, impaired or invalidated.

NOTE: EXCLUSIONS HEREIN MAY BE SUBJECT TO STATE AND FEDERAL CONSUMER

PROTECTION LEGISLATION.