Logic Electrical Terms and Conditions: Invoice

LOGIC ELECTRICAL PTY LTD (ACN 162 228 159)

TERMS AND CONDITIONS FOR PAYMENT OF INVOICE

Disclosure: These terms and conditions have been authorised for use by Logic Electrical Pty Ltd

1. These Terms and Conditions (“Terms”) apply to all quotations (“Quote”) issued by Logic Electrical Pty Ltd (ACN 162 228 159) (“we”, “us”, “our”) to the customer (“you”, “your”).
2. Payment Terms, In these Terms:
3. Payment is due within [7] days from the date of the Invoice, unless otherwise stated in writing
4. Payment may be made by EFT, credit card, or any other method approved by us
5. Late Payment:
6. If payment is not received by the due date, we may:
7. charge interest at the approved Reserve Bank of Australia rate per month on the overdue amount; and/or
8. suspend further work until payment is received
9. You agree to pay all costs of recovery (including legal fees) for overdue accounts.
10. Ownership of Risk
11. Title to goods supplied does not pass to you until full payment is received.
12. Risk in goods passes to you upon delivery or installation.
13. Dispute Resolution
14. If a dispute arises, both parties must first attempt to resolve it in good faith through direct negotiation
15. If the dispute cannot be resolved within 14 days, either party may refer the matter to mediation through the Resolution Institute of Australia before commencing legal proceedings, except for urgent interlocutory relief.
16. Governing Law and Jurisdiction: These Terms are governed by the laws of New South Wales, Australia. Each party submits to the exclusive jurisdiction of the courts of New South Wales and any courts that may hear appeals from those courts in respect of any proceedings in connection with these Terms