In these Terms of Trade we have used "we", “us” and “our” to refer to  SKIBO LIMITED TRADING AS WYNN FRASER PAINTS  and "you" to refer to our customer. By buying or ordering goods from us you agree to these Terms.

If any of our customers find an identical product cheaper than at Wynn Fraser, we will not only match that price but beat it by 5% and then hold that price for that customer for a period of 12 months.

1.1  Unless we agree otherwise, Goods must be collected from our premises.


2.1  We shall retain title to Goods we supply until they have been paid for in full and you have performed all your other obligations under these Terms.

2.2  Risk in all Goods passes to you when the Goods are collected. You shall insure Goods for their full price, and shall not sell, dispose or part with possession of them or do anything else inconsistent with our ownership of the Goods, from collection until title in them passes to you.

2.3  If you wish to sell the Goods before you have title to them you may only do so by way of a bona fide sale in the ordinary course of business  and must account to us for the sale proceeds of the Goods.

3.      PRICE

3.1  All prices are plus GST and other taxes and duties, which shall be paid by you.

3.2  Our prices are subject to change without notice.

3.3  Unless we agree otherwise in writing, the amount you will be charged will be the price as at the date of collection.

3.4  If we provide a quotation to you, it is based on information available to us at that time and we may charge you more than the amount quoted if our costs (eg the amount we pay for the Goods or any part of them or the cost of transport, tax, exchange rates or other costs) or the specifications change. Unless otherwise agreed in writing, prices are quoted exclusive of GST.

4.      PAYMENT

4.1  You must pay for Goods on their collection or on the due date set out in  our invoice, unless we decide otherwise.

4.2  We are under no obligation to supply Goods to you on credit. If we grant you credit, you agree to pay our invoices by the 20th of the month following the date of the invoice.

4.3  You agree to give any securities as we  may from time to time require, in the form required by us, and to comply with all of your obligations under those securities.

4.4  We may notify you at any time that we are going to stop supplying Goods to you on credit. This shall be without prejudice to your obligation to pay amounts owing.

4.5  All payments shall be made without set-off or deduction. Receipt of a cheque, bill of exchange, or other negotiable instrument will not constitute payment and you remain liable for payment until payment is received by us.

4.6  We may apportion payments to outstanding accounts as we see fit.

4.7  We may (without prior notice) apply all or part of any credit balance that you have with us towards the satisfaction or payment of  any amount owing (whether due for payment or not) by you to us.

5.      GUARANTEE.

If you are a registered company or other organisation, then in consideration for us supplying or agreeing to supply goods on credit to you in accordance with and subject to these Terms, each of your directors or principals of the organisation (as the case may be) and anyone who signs these Terms and/or our credit application form on your behalf, hereby personally guarantees the due and punctual payment of all monies and performance and observance by the you of all terms, conditions and obligations to us, whether contained in these Terms or at law or otherwise. Where there is more than one guarantor the liability of all of the guarantors shall be joint and several.

6.      DEFAULT

6.1  You will be in Default if:

a.       you fail to pay an amount due under these Terms by the due date for payment; or

b.      you commit a breach of any of your other obligations under these Terms, the Security or the terms of any other contract you have entered into, or enter into in the future, with us or one of our related entities; or

c.       you become insolvent, are wound up, have a receiver appointed, enter into any composition or arrangement with your creditors, do any act which would render you liable to be placed in liquidation or have a receiver appointed over your property, commit an act of bankruptcy, cease to be of full legal capacity, or die;

d.      Goods that we have retained title to are at risk; or

e.      an event or a series of events (whether related or not) occurs which, in our opinion, may cause a material adverse change in your ability to meet your obligations to us.

f.       Your ownership or effective control changes if you are a company.

6.2  If you are in Default then we may, at our option, do any one or more of the following:

  1. charge you default interest at 2.% per month on any late payments calculated on a daily basis from the due date until the date payment is received;
  2. charge you an administration fee and suspend your trading and discount structure;
  3. require you to remedy the default in the manner and within a period that we tell you;
  4. require you to pay to us all amounts you owe us immediately;
  5. suspend or terminate your account with us;
  6. enforce security interests created by these Terms;
  7. exercise any rights that we have under these Terms or that are available to us at law.

6.3  We may suspend or terminate your account with us at any time in our sole discretion. If your account is terminated, you must immediately pay us any amount you owe us. Termination will not affect any of our rights that have arisen before termination.


7.1  Clause 2.1 creates a security interest (as that term is defined in the PPSA) in Goods we supply to you.

7.2  You  shall not grant any other security interest or any lien over Goods that we have a security interest in.

7.3  At our request you shall promptly sign any documents and do anything else required by us to ensure our security interest constitutes a first ranking perfected security interest in the Goods.

7.4  We may at any time enter your premises and properties to uplift Goods that we have a security interest in.

7.5  If Goods that we have a security interest in are processed, included or dealt with in any way causing them to become accessions, processed or commingled Goods, our security interest will continue in the whole in which they are included. You shall not grant   any other security interest or any lien in either the Goods or in the whole.





7.6        You waive any rights you may have under sections 114(1)(a), 116, 120(2), 121, 125, 126, 127, 129, 131, 133, and 134 of the PPSA.

7.7        You waive your right to receive a copy of any verification statement (as that term is defined in the PPSA).

7.8        You shall give us prior written notice of any proposed change of your name or address.


8.1        The Consumer Guarantees Act 1993, the Fair Trading Act 1986, and other statutes may impose warranties, conditions or obligations upon us which cannot by law (or which can only to a limited extent by law) be excluded. Other than as expressly provided for in these Terms, we exclude all such imposed warranties, conditions or obligations to the extent permitted by law and exclude any warranty, condition or obligation imposed or implied under common law, equity or otherwise.

8.2        The guarantees contained in the Consumer Guarantees Act 1993 are excluded where you acquire goods and services from us for the purposes of a business in terms of sections 2 and 43 of that Act.


9.1        Except as expressly otherwise provided by clauses 8.1 or 8.2, we shall not be liable for any loss or damage or liability of any kind whatsoever (including consequential loss or lost profit or business) whether suffered or incurred by you or another person and whether in contract, or tort, or otherwise and whether such loss or damage arises directly or indirectly from Goods provided by us to you.

9.2        To the extent that we are liable for any reason for any loss suffered or liability incurred by you arising from any breach of these Terms or for any other reason, such liability is limited to the amount of the price of the Goods concerned. If Goods are returned by you, or if you make a claim in writing to us in relation to Goods provided, we may, in our discretion, repair or replace the Goods, or refund the price of those Goods to you, provided that:

a.       the Goods must be returned or the claim must be made in writing to us within seven (7) days of collection (or delivery); and

b.      you must supply the date and number of any invoice relating to the Goods; and

c.       we must be given a reasonable opportunity to inspect the Goods.


10.1      Any notice may be given by phone, in person, posted, or sent by facsimile or email to you or where you are a company, to any of your directors.

11.  COSTS

11.1      You must pay on demand our costs (including legal costs, as between solicitor and client) of and incidental to the enforcement or attempted enforcement of our rights, remedies and powers under these Terms.


12.1      You consent to us, or any financier or credit-rating agency, making enquiries of and obtaining any information about your financial standing and credit worthiness.


13.1      These terms are governed by the laws of New Zealand. You may take legal action against us only in a New Zealand court.


14.1      Any claim or dispute arising under these Terms shall be determined by arbitration under the Arbitration Act 1996 if the parties are unable to resolve such dispute themselves within one (1) month of the dispute arising. However, nothing in this clause prevents either party from taking immediate steps to seek any equitable relief before the New Zealand courts.


15.1      If we have given you a time for collection of the Goods (or any part of them), such time is approximate only and is not deemed to be of the essence.

15.2      We shall not be liable for delay or failure to perform our obligations under these Terms if the cause of delay or failure is beyond our reasonable control.



16.1      You shall not transfer or assign your rights, powers or obligations under these Terms without our prior written consent.

16.2      No failure or delay by us in insisting upon the strict performance of these Terms or exercising any right under these Terms will operate as a waiver of those matters.

16.3      We may change these Terms at any time. Any change applies from when it is published on our website or displayed at our premises.


17.1      You authorise us:

a.       to collect, retain and use information about you from any person for the purpose of assessing your creditworthiness;

b.      to disclose information about you:

i.        to any person who guarantees, or who provides insurance, or who provides any other credit support, in relation to your obligations to us;

ii.       to such persons as may be necessary or desirable to enable us to exercise any power or enforce or attempt to enforce any of our rights, remedies and powers under these Terms.


18.1      You shall at all times treat as confidential all non-public information and material received from us and shall not publish, release, or disclose the same without our prior written consent. For clarity, confidential information includes any new Intellectual Property and prices.


19.1      In these Terms unless the context otherwise requires:

"Default" has the meaning set out in clause 6.1.

"Goods" shall include any associated services that we supply.

"Intellectual Property" means all intellectual property rights including, without

limitation, copyright, patent and design rights, drawings, documents, data, ideas, procedures, calculations and all other statutory and common law rights and interests.

"Security" means all existing and future security held by us that secures your obligations under these Terms.