PAGE HEADER 16 CONDITIONS OF SALE
17
CONDITIONS OF SALE
Conditions of Sale Conditions Of Sale (updated October 2024)
1.11 L ot means the horse which is
plus VAT and commission. 1.17 S ale means the sale by auction conducted by Goffs. 1.18 S ale Price (as regards the Vendor) means the price in pounds sterling at which the Lot
to be sold and which has a Lot number in the Catalogue or the online Catalogue on the Goffs website. Any other Lot number that may be shown in any printed or online form should not be taken by a bidder to be the Lot number.
This sale is held subject to the Conditions of Sale set out below. These conditions have been specifically modified for this Sale and in several cases vary from the standard Goffs conditions of Sale. All potential Vendors and Purchasers are advised to carefully read these Conditions of Sale as well as the Advice to Buyers on the previous page and the Bloodstock Industry Code of Practice that follows as Appendix 2. The Conditions of Sale in this Sale catalogue take precedence over any previously issued Conditions of Sale. 1. Definitions 1.1 A ffiliate means any person that appended to these Conditions as Appendix 2
was knocked down by Goffs or the price at which it is sold privately, subject to deductions for commission, entry fee and any other charges which may apply.
1.12 N ew Purchaser means the person to whom the Lot has
been transferred after the Sale in accordance with 7.2 below.
1.19 S ales Office means the Goffs Office at Newbury Racecourse. 1.20 T he Panel means one or more Veterinary Surgeons appointed by Goffs. 1.21 V endor means the person, partnership or corporation
1.5.1 G offs fully supports the Code which is also available on Goffs’ website 1.5.2 A ll participants at Goffs sales
controls Goffs, is controlled by Goffs or is under common control with Goffs. A ssociated Company means Robert J Goff & Co Plc, a subsidiary of Robert J Goff & Co Plc or a holding company of Robert J Goff & Co Plc or any other subsidiary of that holding company or an Affiliate, but specifically, without limitation of the foregoing, Goffs Country Property Consultants Limited, Goffs Bloodstock Sales Limited and Goffs UK Limited.
1.13 O wner means the person, partnership, syndicate or
corporation named on the Entry Form as the owner of the Lot. 1.14 P rohibited Substances means any anabolic steroid, bisphosphonate, corticosteroid, clenbuterol, non- steroidal anti-inflammatory drug (NSAID’s) or their metabolites and any substance absolutely or in concentrations in excess of a permitted minimum that is prohibited by the Irish Horseracing Regulatory Body and/or the British horseracing Authority as at the date of the sale. 1.15 P urchaser means the highest the Lot privately following the sale and who has signed the Acknowledgement of Purchase form. 1.16 P urchase Price (as regards the bidder to whom a Lot is knocked down by Goffs or who purchases Purchaser) is the price in pounds at which the Lot was knocked down by Goffs in the ring or the price at which it is sold privately
1.2
(whether Vendors, Purchasers, agents or otherwise) hereby acknowledge that they are bound by and agree to observe in full the Code including any amendments that may be made and published from time to time. Control means, in relation to any person, the beneficial ownership of any of the issued share capital of, or the legal power to direct or cause the direction of the general management of the person in question or its holding company or parent company. Debtor means any Vendor, Purchaser or New Purchaser (as appropriate) with any liability to Goffs. G offs means Goffs UK Limited.
named on the Entry Form as the Owner of the Lot, or, if no Owner is named on the Entry Form, the person who entered the Lot for sale. If the Vendor is not the Owner of the Lot or the legal owner(s) of the Lot, the Vendor shall be deemed at all times and for all purposes to be the servant or agent of the Owner and/or the legal owner(s).
1.6
1.3 B roken means a horse that has been backed and ridden prior to Sale. For the avoidance of doubt a Lot described as ‘driven in long reins’ is not considered to have been broken. 1.4 C atalogue means the catalogue in which these terms and conditions are contained. The
1.22 In these Conditions: 1.22.1 The singular includes the plural and vice versa; 1.22.2 References to persons include
1.7
bodies corporate, unincorporated associations, governments, states, partnerships and trusts (in each case, whether or not having separate legal personality); and
1.8 1.9
word Catalogue also includes any supplement to it issued by Goffs from time to time.. C ode means The Code of Practice drawn up by the Bloodstock Industry Forum and
G offs Hawick Office means the Auction Mart Offices in Hawick, Roxburghshire. 1.10 G offs Premises means the Goffs Sales Area allocated to Goffs at Newbury Racecourse
1.22.3 “subsidiary” and “holding
1.5
company” have the meanings
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