Draft for review: These terms are a starting template only and must be reviewed by a qualified adviser. Text in [square brackets] must be replaced with your real details.
1. About these terms
These terms apply to all orders placed with [legal business name] (NZBN [number]) (“we”, “us”) by approved trade customers (“you”).
2. Trade accounts
Trade accounts are for businesses only and are subject to approval. We may decline or close an account at our discretion.
3. Prices and GST
Prices are in New Zealand dollars and exclude GST unless stated. GST is added at the current rate. Prices may change without notice, but the price confirmed when you place an order applies to that order.
4. Orders
An order is accepted when we confirm it. Minimum quantities, pack sizes and carton multiples apply as shown on each product.
5. Payment
[Payment terms, for example payment in full before dispatch, or by the 20th of the month following invoice for approved account customers.]
6. Delivery and risk
[When risk passes to you, and how delivery issues are handled.]
7. Ownership
[Retention of title until payment in full, and any security interest under the Personal Property Securities Act 1999.]
8. Returns
Returns are handled under our Returns Policy.
9. Consumer law
[Statement about the Consumer Guarantees Act 1993 for business purchases, to be confirmed by your adviser.]
10. Limitation of liability
[Limitation of liability wording.]
11. Governing law
These terms are governed by New Zealand law.