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LAY-BY TERMS

OFFERED IN STORES ONLY

(a) The Purchase Total must be the Minimum Spend or more.
(b) The Purchaser must pay the Initial Deposit on the Lay-by Date.
(c) The Purchaser must pay the balance of the Purchase Total before the expiration of the Lay-by Term.
(d) The Purchaser can terminate this agreement at any time during the Lay-by Term either orally or in writing on the basis that a Termination Fee will apply.
(e) If the Purchaser terminates this agreement, the Supplier will refund all Monies Paid to the Purchaser after deducting the Termination Fee upon receiving notice of termination from the Purchaser.
(f) The Supplier may terminate this agreement: (i) upon receiving notice from the Purchaser that they wish to cancel the Lay-by; or (ii) upon the expiry of the Lay-by Term. The Supplier will refund all Monies Paid to the Purchaser after deducting the Termination Fee.
(g) All refunds will be made using the same method the Purchaser used to make its payment(s).
(h) Only full-price product can be purchased via Lay-by method (excludes discounted product).

DEFINITIONS

Initial Deposit: 20% of the Purchase Total.
Monies Paid: all money made as a payment including Initial Deposit.
Termination Fee: (i) the Initial Deposit; or (ii) if the lay-by is cancelled within 21 days of the Lay-by Date 10% of the Purchase Total; or (iii) if a nominated cancellation fee is provided below, the nominated amount.
Nominated cancellation fee: 20% of the Purchase Total.
Lay-by Date: the date the lay-by order is placed.
Lay-by Term: 8 weeks from the Lay-by Date.
Minimum Spend: at least AUD$50.
Purchaser: the consumer who enters into this agreement.
Purchase Total: being the total value of the goods the subject of this agreement.
Supplier: Sunglass World Holdings Pty Ltd (ACN 066 329 931).

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