Terms of Trade and Credit Application Form
This document contains a credit application form plus standard terms of trade suitable for a business selling goods or goods with some services direct to business customers. The application form sets out the details and references required from the customer. The terms of trade have clauses dealing with price and payment, interest on overdue accounts, retention of ownership in goods until paid for, options on delivery and passing of risk, limitation of liability, second hand goods, cancellation, liens, Consumer Guarantees, Privacy Act and security under the Personal Property Security Act. Some clauses are offered with alternatives for choice. The user guide explains the clauses and options, provides information on the use of standard terms of trade and also contains a brief guide to registration of securities under the PPSA register.