Terms and Conditions of Credit/Supply

These Terms and Conditions of Credit/Supply apply to the establishment, operation and use of the User’s account with BIALETTI AUSTRALIA PTY LTD, ACN 655 032 787, acceptance of which is evidenced by the User’s acknowledgement of the details below.

1. Application
  • The User warrants that the information provided in the Registration is accurate, correct and complete.
  • The person/s signing the Registration warrants that he/she is duly authorized by the Applicant to apply for credit and execute this application on their behalf.
  • The Applicant agrees that it is not entitled to any credit facilities until it receives notice from Bialetti Australia Pty Ltd of an approved account.
  • All orders are to be considered Proforma prior to a credit application being signed and submitted, or unless authorized by Bialetti Australia Pty Ltd.
2. Credit Terms
  • Bialetti Australia Pty Ltd reserves the right to approve customers on lessor credit terms than requested. You will be notified of your terms once your account has been approved and opened.
  • Bialetti Australia Pty Ltd may vary these credit terms (including the withdrawal of credit) at any time and will notify the customer accordingly.
3. In the event of Bialetti Australia Pty Ltd granting supply and/or credit facilities to the User then:
  • All accounts are to be settled in full within the agreed trading terms noted on the Bialetti Australia Pty Ltd Statement and/or Invoice. Credit/Supply facilities may only continue if payment is maintained in accordance with those agreed trading terms.
  • Should payment not be made by the Applicant within the agreed credit/supply terms, then the account will be placed on credit hold and no stock will be released until full payment of overdue accounts is made.
  • It is understood and agreed that this credit/supply arrangement may be terminated at any time by Bialetti Australia Pty Ltd. In that event, all monies owning to Bialetti Australia Pty Ltd will be immediately due and payable.
  • All stock shall remain the property of Bialetti Australia Pty Ltd until full payment for stock has been received.
4. Non-Payment:
  • If a payment is not made to Bialetti Australia Pty Ltd within due date, then Bialetti Australia Pty Ltd may;
    • Withdraw any credit; and
    • Discontinue future supply; and
    • Charge interest on all amounts owing by the customer to Bialetti Australia Pty Ltd daily at an interest rate of 3% above the indicator lending rate, for the time being, of NAB accruing and calculated daily until payment is made.
  • Any reasonable expense and/or costs or disbursements incurred by Bialetti Australia Pty Ltd in recovering any outstanding monies including debt collection agency fees and legal costs shall be paid by the User.
5. Change of Ownership / Particulars:

The User will notify Bialetti Australia Pty Ltd no later than seven (7) Days after any change of ownership, change in particulars, any alteration or addition to shareholders or directors, and any change, alteration or addition in the User’s internal structure and senior management.

6. Acknowledgement:

Bialetti Australia Pty Ltd Terms and Conditions of Credit/Supply form the agreement between the parties and are binding on the parties. These Terms and Conditions of Credit/Supply will prevail over any subsequent document issued by the Customer.

By agreeing to these Terms and Conditions of Credit / Supply the customer/s acknowledge receiving such document and has fully read and understood these conditions. It is advised that you obtain legal advice in the instance that you are not fully aware of yours and Bialetti Australia Pty Ltd obligations under this agreement.