Shop A Docket

Dated

31 July 2015

Formula 1 finance

shop-a-docket promotion

Terms and conditions

Contents

Clause

  1. The Promoter………………………………………………………………………………………. 1
  2. The Promotion……………………………………………………………………………………… 1
  3. Eligibility Conditions…………………………………………………………………………….. 1
  4. Valid Customer……………………………………………………………………………………. 2
  5. Fulfilment Obligations………………………………………………………………………….. 2
  6. Your Privacy……………………………………………………………………………………….. 3
  7. General………………………………………………………………………………………………… 3

 

 

1.                   The Promoter

The Promoter is Formula 1 Finance Pty Ltd (ABN 37 107 595 040) of 18 Church Street Maroochydore Queensland 4558 Australia (“Company”, “Us”, “We”).

2.                   The Promotion

2.1                The title of the promotion is called Shop-a-Docket (“Promotion”).

2.2                The Promotion offers Valid Customers a once-off payment of AU$100.00 (ONE HUNDRED AUSTRALIAN DOLLARS) (“Payment”) upon meeting the Eligibility Conditions in Clause 3.

2.3                The Payment in Clause 2.2 will be paid in accordance with Clause 5.

3.                   Eligibility Conditions

3.1                The Promotion will run from 9.00 AM Brisbane time on 31 July 2015 to 5.00 PM Brisbane time on 28 January 2016 inclusive (“Promotion Period”).

3.2                You are entitled to a Payment if:

(a)            You are a Valid Customer under Clause 4;

(b)            You present to Us a Valid Docket at our Office;

(c)            The Valid Docket is presented to us during the Promotion Period;

(d)            You have a Valid Loan with Us in accordance with Clause 3.3 (“Valid Loan”);

(e)            You have not been given a Payment under this Promotion before;

(f)             You do not use the Valid Docket in conjunction with any other promotion;

(g)            You provide Us with all accurate and complete information for the Valid Loan and this agreement; and

(h)            You do not breach this agreement.

3.3                You enter into a Valid Loan with Us if:

(a)            You agree to enter into a Eligible Loan Agreement (under Clause 3.3) where you agree to borrow a FACILITY of at least AU$100,000.00;

(b)            The Lender approves your Eligible Loan Agreement;

(c)            The Lender executes your Eligible Loan Agreement; and

(d)            You have a DRAW DOWN BALANCE under the Eligible Loan Agreement of AU$100,000.00 (ONE HUNDRED THOUSAND AUSTRALIAN DOLLARS) or more.

3.4                The following are Eligible Loan Agreements:

(a)            Any Home Loan (Fixed or Variable) from our panel of lenders, excluding Line of Credit Loans (“Home Loan”); and

(b)            Any Investment Loan (Fixed or Variable) from our panel of lenders, excluding Line of Credit Loans (“Investment Loan”);

3.5                A Valid Docket is a document given to you by Us for the purposes of this Promotion.

3.6                By accepting a Payment, you agree to be bound by:

(a)            These terms and conditions;

(b)            The terms and conditions of your Eligible Loan Agreement; and

(c)            Any other agreements between you and Us.

4.                   Valid Customer

4.1                The Promotion is only open to residents in Australia aged 18 years or over, except:

(a)            employees of the Promoter.

4.2                You may only receive ONE Payment during the Promotion. This is irrespective of how many Valid Loans you have during the Promotion Period.

4.3                If you enter into an Eligible Loan Agreement jointly with another person or persons. All borrowers of that Eligible Loan Agreement will be considered ONE Valid Customer for the purposes of this Promotion.

4.4                The Promoter reserves all rights to disqualify you from the Promotion if your conduct is contrary to the spirit or intention of the Promotion.

5.                   Fulfilment Obligations

5.1                We will pay you the Payment:

(a)            If you meet all Eligibility Conditions in Clause 3;

(b)            Within 30 days of the settlement of your Valid Loan (i.e. when you reach a DRAW DOWN BALANCE of AU$100,000.00 under your Eligible Loan Agreement);

(c)            To you by direct deposit into your nominated Australian bank account; and

(d)            In Australian Dollars.

5.2                The Payment is inclusive of GST. You are responsible for paying any taxation related to the Payment (e.g. Income Tax).

5.3                Upon payment by Us of the Payment, you will sign a document that evidences payment to you by Us.

5.4                The Cash Payment is not negotiable or transferable.

6.                   Your Privacy

6.1                Any personal information provided by you to Us will be kept in accordance our Privacy Policy (https://www.formula1finance.com.au/privacy-policy)

7.                   General

7.1                If you breach Clause 3.6, We may at our discretion:

(a)            Disqualify you from the Promotion;

(b)            Withhold any Payment from you, either temporarily or permanently;

(c)            Exercise any right in any other agreement between you and Us (e.g. the Eligible Loan Agreement); and

(d)            Request that you return to Us any Payment already paid to you from Us.

7.2                If you breach Clause 3.6, you must return to Us any Payment already paid from Us to you.

7.3                The Promoter reserves the right to hold void, suspend, cancel, or amend the Promotion where it becomes necessary to do so.

7.4                If any part of this agreement becomes invalid or unenforceable, that part will be severed from this agreement and the remaining parts of the agreement will remain in force.

7.5                These terms and conditions are governed by the Federal laws of Australia and the laws of the state of Queensland.

7.6                You agree to submit to the exclusive jurisdiction of the courts of Queensland, Australia.

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