Combined Auction - 6th July 2017 Auction Brochure - 6 July 2017 | Page 3

TM Your Auction Partner CPA Regulations According to the Consumer Protection Act (CPA) which came into effect in 2011, Reliance Auctions would like to offer you the opportunity to pre-register as a bidder prior to the auction today. South African consumers are now amongst the best protected consumers in the world and the purpose of the Act is to promote fair business practise and to protect consumers against deceptive, misleading, unfair or fraudulent conduct. It is compulsory that all Bidders are required to present the following documentation in order to register at our auctions: 1. SA Identity Document; 2. Current utility bill addressed to your physical address; 3. In the event of you bidding on behalf of a company, trust or close corporation in your capacity as director, trustee or member respectively, you are required to submit a letter of authority on an official letterhead of that entity, authorising you to bid, sign all necessary documents and effect transfer on behalf of the entity which must be accompanied by a certified copy of the resolutions by the directors, trustees or members of the entity authorizing you to do so; 4. A special Power of Attorney is required should you be bidding on behalf of another person which must expressly authorize you to bid on behalf of that person and must include a certified copy of that person's SA Identity Document and proof of that person's residential address not being older than 3 months; 5. Copy of the Entity's FICA Documents; 6. VAT Registration Documents; 7. Income Tax Reference Number and proof of marital status. Reliance Auctions would like to hereby offer you the opportunity to pre-register for the auction in order to avoid the time-consuming registration process as we endeavour to make this process as hassle free and efficient as possible. Below are our Trust Account details and the registration fee is; R 50 000.00 - Commercial Property R 10 000.00 - Residential Property Kindly note for EFT & Cheque payments, the following applies: Cheques need to be made out to Reliance Auctions (Pty) Ltd. For EFT payment, our banking details are as follows: Trust Account : Reliance Auctions Bank : Standard Bank Account Number : 42-798-63-46 Branch Name : Rivonia Branch Code : 001255 PLEASE FORWARD PROOF OF PAYMENT TO: [email protected] Secure your franchise today