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Terms & Conditions

1.          INTERPRETATION

In these Conditions:

1.1       Australian Consumer Law means the law as set out in Schedule 2 of the Competition and Consumer Act 2010.

1.2       Buyer means the buyer specified in the attached Application for Credit Account or if there is no such application, or there is no buyer specified in the application, the purchaser of the Goods from Millennium and includes any servants, agents, or contractors acting on behalf of the Buyer where the context permits.

1.3       Conditions means these terms and conditions of sale.

1.4       Consequential Loss means loss of profits, loss of anticipated savings, economic loss or interruption of business or for any other indirect or consequential loss.

1.5       Consumer means a “consumer” as that term is defined in Section 3 of the Australian Consumer Law.

1.6       Consumer Contract means a contract for supply of Goods by Millennium to the Buyer as a Consumer.

1.7       Consumer Guarantees means the consumer guarantees under the Australian Consumer Law.

1.8       Contract means a contract for the supply of Goods in accordance with these Conditions, as evidenced by the acceptance of any Order from the Buyer to Millennium.

1.9       Effective Date means 1st April 2015.

1.10     Goods means the goods supplied by Millennium to the Buyer from time to time and which are the subject of an Order.

1.11     Implied Terms means any guarantees, conditions, warranties or other terms implied by any Australian Commonwealth, State or Territory laws (excluding the Australian Consumer Law), or the laws of any other jurisdiction.

1.12     Liability means liabilities, losses, damages, actions, causes of action, claims, orders, judgments, outgoings, costs (including legal costs calculated on a solicitor and own client basis) and expenses, whether present, actual or contingent.

1.13     Millennium means Millennium Coupling Company Pty Ltd ACN 604 099 809.

1.14     Order means any order for the supply of Goods from Millennium to the Buyer from time to time in a form acceptable to Millennium.

1.15     PPSA means the Personal Property Securities Act 2009.

1.16     Quotation means a quotation supplied by Millennium to the Buyer in respect of Goods.

2.          GENERAL

2.1       These Conditions apply to all Goods supplied by Millennium as from the Effective Date and the Buyer is deemed to have read and agreed to these Conditions prior to the placing of any Order.

2.2       These Conditions shall prevail over all inconsistencies in an Order and Quotation, unless Millennium expressly agrees otherwise and that agreement is acknowledged in writing. 

2.3       Millennium reserves the right to vary, add or substitute to these Conditions from time to time and any such variations to these Conditions will have effect from the date of publication of such changes to Millennium’s customers. 

3.          SHORTAGE AND NON-CONFORMING SUPPLY

The Buyer waives any claim for shortage of any Goods delivered or failure to supply Goods conforming with the Order if a claim for short delivery or failure to supply Goods conforming with the Order has not been lodged with Millennium within seven (7) days from the date of delivery of Goods by the Buyer. Any claim must be submitted in writing in a form approved by Millennium.

4.          DELIVERY

4.1       The delivery times made known to the Buyer are estimates only and Millennium is not liable for late delivery or non-delivery.

4.2       The Buyer may cancel an order for Goods purchased under a Consumer Contract if Millennium is unable to deliver the Goods within 90 days of any specified delivery date.

4.3       Except where clause 4.2 applies:

4.3.1       Millennium is not liable for any loss, damage or delay occasioned to the Buyer or its customers arising from late or non-delivery of Goods;

4.3.2       late delivery or non-delivery does not vary these Conditions or relieve the Buyer from its obligations to accept and pay for Goods.

4.4       Millennium may at its option deliver Goods by portion unless otherwise agreed in writing by Millennium.

4.5       Where Millennium delivers by portion, Millennium may issue invoices to the Buyer pro rata with such deliveries.

4.6       Delivery of Goods will be taken to have occurred when the Goods are:

4.6.1    collected by the Buyer or the Buyer’s agent; or

4.6.2    offloaded at the Buyer’s nominated point of delivery.

4.7       Goods are at the risk of the Buyer after delivery.

5.          AUSTRALIAN CONSUMER LAW

5.1       Where the Contract under which the Buyer purchases Goods is a Consumer Contract (ie where the Buyer is a Consumer):

5.1.1       the Goods are supplied subject to the Consumer Guarantees;

5.1.2       if the Goods fail to meet any Consumer Guarantee, the Buyer will be entitled to such rights and remedies as are permitted or provided in the Australian Consumer Law for such failure, to the extent that such rights and remedies cannot be lawfully excluded;

5.1.3       the Buyer may only exercise any right or remedy for breach of a Consumer Guarantee strictly in accordance with the rights and responsibilities of the Buyer under the Australian Consumer Law;

5.1.4       where Goods are not of a kind ordinarily acquired for personal, domestic or household use or consumption, then, unless Millennium is the manufacturer of the Goods under the Australian Consumer Law, Millennium’s Liability for breach of a Consumer Guarantee is limited at Millennium’s option to repairing or replacing the Goods, supplying equivalent goods or paying the costs of replacing the Goods, obtaining equivalent goods or having the Goods repaired.

5.2       Where the Buyer resupplies Goods to a Consumer and the Goods are not ordinarily acquired for personal, domestic or household use or consumption, Millennium’s Liability to the Buyer in connection with any breach of a Consumer Guarantee in respect of the Goods is limited to paying to the Buyer an amount equal to the cost of replacing the Goods, obtaining equivalent goods or having the Goods repaired, whichever is the lower amount.

6.          GENERAL LIMITATION ON LIABILITY

6.1       This clause 6 does not limit the Liability of Millennium under Consumer Contracts.

6.2       Millennium shall not have any Liability for any guarantee, warranty or representation as to the quality, performance, and fitness for purpose or otherwise of any Goods unless expressed in writing and any such warranty or representation shall be limited to its express terms.

6.3       None of the Implied Terms apply to any Contract except to the extent that they cannot be lawfully excluded.

6.4       Millennium’s Liability for breach of any Contract or for breach of any Implied Terms is limited at Millennium’s option to, in respect of any Goods which have been found defective, repairing or replacing the Goods, supplying equivalent goods or paying the costs of replacing the Goods, obtaining equivalent goods or having the Goods repaired.

6.5       Millennium shall not have any Liability in tort for any loss or damages suffered by the Buyer or by any third party.

6.6       In no circumstance whatsoever shall Millennium have any Liability to the Buyer or to any third party for any Consequential Loss under any Contract or Implied Terms and the Buyer will keep Millennium fully indemnified against any claim made against Millennium by a third party for any such Consequential Loss.

7.          PRICES AND GST

7.1       Unless otherwise stated all prices quoted by Millennium are Australian Dollars (A$) net, exclusive of Goods and Services Tax (GST).

7.2       GST applied to all supplies of Goods made by Millennium and the amount payable by the Buyer will be increased by a percentage equal to the prevailing of GST rate at the time of delivery of the Goods.

8.          CREDIT PAYMENT ARRANGEMENTS

8.1       Where an Application for Credit Account is approved for the Buyer, the purchase price for the Goods is payable within 30 days from the date of invoice unless other terms of payment are expressly stated on the invoice. If payment is made on or before the due date, the agreed settlement discount (if any) may be deducted from that payment.

8.2       Millennium reserves the right to withdraw approval of an Application for Credit Account for the Buyer at any time by notice to the Buyer.

8.3       The Buyer warrants:

8.3.1       that all information set out in the Credit Application in respect of the Buyer is true and accurate; and

8.3.2       that the persons whose signature appears on the Credit Application are duly authorised to apply for credit with Millennium on behalf of the Buyer.

8.4       Millennium reserves the right to request such additional security for any credit arrangements with the Buyer as Millennium shall in its discretion think fit and shall be entitled to withhold supply of any Goods or credit arrangements until such additional security is provided by the Buyer.

9.          CASH SALES

Where no Application for Credit Account has been approved for the Buyer, or approval of the Application for Credit Account is withdrawn, the purchase price of the Goods must be paid in full on placement of the Order, or where expressly agreed in writing by Millennium, on delivery of the Goods.

10.       PAYMENT

10.1     All amounts payable to Millennium by the Buyer must be paid in Australian dollars in any manner required by Millennium in writing and in full without set-off on or before the due date for payment.

10.2     Any costs or charges incurred by Millennium in collecting or attempting to collect overdue amounts must be paid by the Buyer to Millennium on demand.

10.3     Millennium reserves the right to charge interest at the rate of 14% per annum on all overdue amounts owing to it. Such interest will accrue daily and is payable on demand.

10.4     Payment will not be taken to occur until all cheques tendered in discharge of amounts owing to Millennium have been presented and cleared in full.

11.       ADMINISTRATION FEE

Millennium reserves the right to charge the Buyer a reasonable administration fee for issuing duplicate invoices, statements or other documents requested by the Buyer.

12.       TITLE TO GOODS

12.1     Subject to the law, title to and property in the Goods will not pass until the Buyer has paid all moneys owed to Millennium on any account whatsoever.

12.2     Until the Buyer has paid all moneys owed to Millennium:

12.2.1        the Buyer must, as far as practicable, store the Goods separately from other goods held by the buyer and in such a manner that they are clearly identifiable as the property of Millennium;

12.2.2        the Buyer must indemnify Millennium against any loss, theft or damage to the Goods arising after delivery to the Buyer;

12.2.3        Millennium retains a purchase money security interest in the Goods and the proceeds of sale of the Goods under the PPSA;

12.2.4        if the Goods become part of a product or mass through manufacture, processing or assembly, or by becoming commingled, Millennium’s security interest continues in such product or mass to the extent permitted by law;

12.2.5        upon any resale of the Goods by the Buyer:

12.2.5.1        Millennium will have the right to trace the full proceeds of sale; and

12.2.5.2        the Buyer must account to Millennium for such proceeds of sale and Millennium may recover from such proceeds of sale any moneys then owing to Millennium on any account whatsoever; and

12.2.6     Millennium reserves the right to, subject to the law, enter upon any premises for the purpose of repossessing the Goods and the Buyer grants Millennium a licence to enter such premises for the purpose of exercising such right.

12.3     The Buyer must do all things reasonably required by Millennium in respect of the registration of Millennium’s interest in the Goods under this clause or the enforcement of Millennium’s rights under the PPSA in respect of the Goods.

12.4     To the extent permitted under the PPSA, the Buyer waives any right the Buyer has to:

12.4.1     receive notices and statements from Millennium under the PPSA;

12.4.2     claim damages against Millennium under Section 271 of the PPSA;

12.4.3     redeem the Goods under Section 142 of the PPSA; and

12.4.4     reinstate Millennium’s security interest in the Goods under Section 143 of the PPSA.

12.5     To the extent permitted under the PPSA:

12.5.1     the enforcement of Millennium’s security interest in the Goods shall be governed by the Contract; and

12.5.2     Millennium and the Buyer contract out of the provisions of the PPSA in respect of the enforcement of such security interest.

13.       QUOTATIONS

13.1     Subject to clause 13.1, all Quotations are valid for 30 days from the date of Quotation.

13.2     Quotations are based on the current costs of supplying the Goods and unless Millennium has otherwise agreed, are subject to amendment by Millennium before or after the Quotation is made to meet any rise and fall in such costs between the date of Quotation and the date of supplying the Goods.

13.3     Millennium reserves the right to charge the Buyer for any costs incurred as a result of the Buyer varying its Order or the Contract, correcting any errors or omissions referred to in clause 13.4, or requiring Goods urgently.

13.4     Millennium will supply the Goods on the basis of the Order (whether written or oral). Millennium will not be responsible for any errors or omissions in relation to the Goods where those errors or omissions result wholly or partially from incomplete or unclear instructions in the Order.

14.       RETURNED GOODS

14.1     Millennium is not under any duty to accept Goods returned by the Buyer and will do so only on terms to be agreed in writing in each individual case.

14.2     Nothing in clause 14.1 affects the Buyer’s rights under the Australian Consumer Law or in respect of any breach of Implied Terms.

15.       CANCELLATION

15.1     Millennium may cancel any Contract any time before Goods are delivered by giving written notice to the Buyer. On giving such notice, Millennium will repay to the Buyer any sums paid in respect of the Goods.  Millennium will not have any other Liability in respect of such cancellation.

15.2     Subject to clause 4.2, the Buyer may not cancel a Contract at any time except with Millennium’s prior written consent. 

15.3     In the event that the Buyer cancels a Contract otherwise than under clause 4.2:

15.3.1     Millennium may retain any deposit or other sums paid on account of the Goods; and

15.3.2     if payment is not already made in full, the Buyer will be responsible for any losses incurred by Millennium in respect of such cancellation (including loss of profits, loss of anticipated savings, economic loss or interruption of business loss or other incidental, consequential or indirect damages).

15.4     In the event the Buyer cancels a Contract under clause 4.2, Millennium will repay to the Buyer any sums paid in respect of the Goods. Millennium will not have any other Liability in respect of such cancellation.

16.       SUSPENSION OR TERMINATION BY MILLENNIUM

16.1     If the Buyer makes a default in any payment due to Millennium for any Goods supplied by Millennium, commits any act of bankruptcy or enters into liquidation whether voluntary or involuntary, Millennium may in its absolute discretion, suspend supply of any Goods to the Buyer or cancel any Contract with the Buyer, without prejudice to its rights hereunder.

16.2     Any default by the Buyer or cancellation, suspension or termination by Millennium shall in no way prejudice any rights of Millennium against the Buyer whatsoever, including any right to recover any amounts due for Goods, or Goods previously supplied by Millennium to the Buyer.

17.       PLACE OF CONTRACT

17.1     This Contract is made in South Australia.

17.2     The Buyer and Millennium agree that unless otherwise stipulated by Millennium all disputes arising between them shall be submitted to the courts of South Australia and any court competent to hear appeals from those courts of first instance.

18.       MISCELLANEOUS

18.1     A Contract may be altered in writing signed by each party.

18.2     Unless otherwise provided, a party may in its discretion give (conditionally or unconditionally) or withhold any approval or consent under a Contract.

18.3     A party must not assign or otherwise deal with a Contract or any right under it without the written consent of the other party.

18.4     A Contract constitutes the entire agreement between the parties about its subject matter and supersedes any prior understanding, agreement, condition, warranty, indemnity or representation about its subject matter.

18.5     A waiver of a provision of or right under a Contract must be in writing signed by the party giving the waiver and is effective only to the extent set out in the written waiver.

18.6     The failure, delay, relaxation or indulgence by a party in exercising a power or right under a Contract is not a waiver of that power or right.

18.7     An exercise of a power or right under a Contract does not preclude a further exercise of it or the exercise of another right or power.

18.8     Each indemnity, obligation of confidence and other term capable of taking effect after the expiration or termination of a Contract, remains in force after the expiration or termination of the Contract.

19.       INTERPRETATION

In these Conditions, unless the context otherwise requires:

19.1     headings do not affect interpretation;

19.2     singular includes plural and plural includes singular;

19.3     a reference to a party includes its executors, administrators, successors and permitted assigns;

19.4     a reference to a person includes a partnership, corporation, association, government body and any other entity;

19.5     an agreement, representation, warranty or indemnity by two or more parties (including where two or more persons are included in the same defined term) binds them jointly and severally;

19.6     an agreement, representation, warranty or indemnity in favour of two or more parties (including where two or more persons are included in the same defined term) is for the benefit of them jointly and severally;

19.7     a reference to legislation includes any amendment to it, any legislation substituted for it, and any subordinate legislation made under it;

19.8     a provision is not construed against a party only because that party drafted it;

19.9     an unenforceable provision or part of a provision may be severed, and the remainder of these Conditions continues in force, unless this would materially change the intended effect of these Conditions;

19.10   the meaning of general words is not limited by specific examples introduced by ‘including’, ‘for example’ or similar expressions.