MINING AUCTION

Unity Mining Auction CATALOGUE ~ 26 May 2011 Page 12/12
CONDITIONS OF SALE
1. That the highest bidder shall be declared the purchaser, the Vendor reserving the right to bid either by the Auctioneer or
Vendor's agent, or to decline the offer for any of the lots, and if any dispute arises, the lot shall, at the option of the
Auctioneer, be put up again and re-sold.
2. That each bid shall be at least five percent in advance of the previous one, and no one will be allowed to retract his bid
after once made. The Auctioneer reserves the right, at his absolute discretion to determine what constitutes a valid bid.
3. The Auctioneer may refuse to accept any bid or withdraw any lot from the sale.
4. That if requested by the Auctioneer the purchaser shall give the Auctioneers, as Agent for the Vendor, a deposit of at
least 10 percent of the purchase price on the fall of the hammer, or the whole if demanded, and the remainder of the
purchase money, in cash, certified bank cheque or telegraphic funds transfer immediately after the sale.
5. All payments to be made by cash, certified bank cheque, telegraphic or electronic funds transfer to Unity Mining Limited
for Lots sold.
6. The whole of the lots having been on show for inspection, no allowance will be made, nor will any buyer be permitted to
reject any lot on the pretence that it is not correctly described in the catalogue and the said lots are to be taken with all
faults, at the buyer’s risk on the fall of the hammer.
7. No lots are to be removed during the sale and the lots sold may only be collected after the buyer has obtained from the
Auctioneers a completed Invoice detailing Lots purchased and paid in full for the lots in cash, bank cheque, telegraphic
transfer or electronic funds transfer of cleared funds. All goods purchased must be removed by the purchaser no later
than 4:00pm on Wednesday 1 June 2011. Access to the site must be arranged with Mr David Hawkes 0427 505 871.
Unless alternative arrangements have been made with the vendor, any goods not removed by the due date will be
deemed to have been abandoned. Unity Mining Limited reserves the right to limit and schedule access to the Mine site
and items may only be moved and removed under the direction and authority of Mr Hawkes or his delegate.
8. Upon any Purchaser failing to comply with any of the above conditions, any money deposited in part payment shall be
absolutely forfeited to the Vendors, and all lots uncleared shall be sold by Public Auction or Private Contract and the
deficiency (if any) on such sale, together with all costs and charges, shall be made good by the defaulter at this sale.
9. Any monies outstanding at the termination of the sale, or payable as a result of any re-sale under Condition 8 herein,
shall be payable to CURNOW DYETT, 1st Floor, Killians Walk, Queen Street, Bendigo, Vic. 3550.
10. The Auctioneer will not hold himself responsible for any action that may arise in as much as he is acting solely as Agent
for the Vendor.
11. The Vendors or Agent shall not be held responsible for any accident to any person sustained prior to or during the period
of the Sale or during the removal of any of the goods. Members of the public attend at their own risk.
12. The items listed were available for sale at the date this catalogue was prepared. The Vendor and Agent accept no
responsibility or liability for any loss incurred by any person if any item which has been advertised for sale is withdrawn
from the auction prior to and including the day of sale.
13. The Auction will be conducted on a GST exclusive basis. All auction knock-down prices are GST exclusive and
10% GST will be added to the knock-down price when the sales invoice is issued.
14. All motor vehicles are sold unregistered and without Roadworthy Certificates. Vehicles previously registered in Victoria
will require a Roadworthy Certificate to be re-registered and the obligation will be on the purchaser to obtain such
Roadworthy Certificate. Unity Mining Limited makes no representation as to the roadworthiness or condition of any
vehicle sold.
15. All available maintenance records and documentation for plant and vehicles sold will be made available for inspection on
the Inspection Days but Unity Mining Limited makes no representation as to the condition or fitness for use of any item
sold. Buyers must rely on their own investigations and assessments of all plant and vehicles for auction.
16. INDUSTRIAL SAFETY WARNING
The Occupational Health and Safety Act 2004 and Occupational Health and Safety Regulations 2007 impose
obligations in respect of safety for workers. The Auctioneer warns buyers that it is the BUYER’S OR USER’S
RESPONSIBILITY to ensure that any plant is brought to a standard necessary to comply with the Occupational Health
and Safety Act 2004 and Regulations, and is safe and fit for use in a workplace. The Vendor provides no warranty to the
Buyer that the plant complies with any Commonwealth, State of Territory Act or Regulations.
17. The Vendor and Agent reserve the right to make any changes to the Conditions of Sale, which they deem necessary, up
to and including the day of sale.