Terms and Conditions
PAYMENT
Unless otherwise agreed in writing, payment in full is due 30 days from date of invoice. Any legal
costs incurred in collecting outstanding accounts shall be borne by the buyer. The company, W
Mullett Ltd, reserves the right to charge interest on any such debt from the latest due date for
payment until the receipt of payment in full, at the rate of 12% per annum for each outstanding day
in accordance with the Late Payment of Commercial Debt Regulations 2002. Unless otherwise
agreed in writing no discount is granted by the company for cash settlement.
The Company understands and will exercise its statutory right to interest and compensation for debt
recovery costs under the Late Payment of Commercial Debts (Interest) Act 1998, if the company is
not paid according to agreed payment terms.
PROPERTY
The property in the goods supplied, the subject of the works undertaken, shall not pass to the buyer
and full beneficial ownership of all such goods shall remain with the company unless and until the
company has received payment in full for all such goods.
No part of any agreement relating to the supply of goods and services shall confer, nor be intended
to confer, a benefit on any third party for the purposes of the Contracts (Rights of Third Parties) Act
1999 or for any other purpose.
