In providing your bank details to us, you authorise us to direct debit the instalment amounts from your nominated bank account.
CANCELLATION CHARGES
The Cancellation Charges are made up of a Fixed Charge of $90 including GST and if you elect not to exercise your option to acquire the Product after delivery, you will be liable for the actual Delivery Fee incurred by us in sending the Product to you which shall not be greater than $80.90
HIRE FEE
Daily Hire Fee = $1.55 Maximum Hire Fee = $370.00
The hire period commences once the Product has been delivered to you. For each day you have possession of the Product a hire fee accrues.
However if (where required to return the Product to us) you have not returned the Product within 10 business days then no further amount of the hire fee will accrue due after the end of expiry of those 10 business days (but without prejudice to your obligation to pay the hire fees accrued due up to that point).
Instead liquidated damages will accrue due at the rate of $4.71 per day, until such time as you return the Product, on account of you retaining possession of the Product in breach of this Agreement. If you exercise the option to buy the Product we will cancel the hire fee and no payments on account of the hire fee will be due by you. The hire fee therefore only becomes payable if the option to buy the Product is not exercised.
If you elect not to exercise your option to acquire the product after delivery of the Product both the Hire Fee and Cancellation Charges are payable. Additionally, liquidated damages are payable if you fail to return the Product when required to do so in addition to the above amounts.
In providing your signature to us, you authorise us to use your signature to confirm the validity of the direct debit authority with our third party direct debit banking merchants.