Expression of Interest Submission Document - Under Instructions from Corrective Services Industries - Pickles

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Expression of Interest Submission Document - Under Instructions from Corrective Services Industries - Pickles
Expression of Interest
   Submission Document
     Under Instructions from Corrective Services Industries

Project Manager: LEE PULBROOK M: 0499 993 285 E: lee.pulbrook@pickles.com.au
EXPRESSION OF INTEREST SALE
 NSW Government Communities & Justice, Corrective Services Industries is calling for expressions of interest on the sale, salvage
 and removal of all sawmill plant and equipment located at the Glen Innes Correctional Centre. The plant and equipment will be
 sold in one line as a non-divisible lot. (Expression of Interest Items). All tendering parties will need to submit detailed WHS
 documentation including copies of safety management system, Safe Work Method Statements for removal processes, copies of
 all contractors / trades & personnel licenses, copies of Certificate of Currencies for Public Liability and Workers Compensation
 insurances etc. The decision-making criteria will also include a review of this information.

 Pickles have been appointed by the vendor.

1. EXPRESSION OF INTEREST Deadline
         Offers must be received by 4pm (AEST) Tuesday 27th July 2021

2. EXPRESSION OF INTEREST Submissions
         To submit a complying Expression of Interest, you are required to send the following:

         (a)      A completed Expression of Interest Application, including the Offer Schedule (Annexure 2), executed by the
                  Applicant where indicated.

         (b)      You are required to send the completed Expression of Interest documents to PICKLES at the following
                  address:

                  PICKLES
                  37-39 Armstrong Street
                  Tamworth NSW 2340

                  Attention:         Lee Pulbrook
                  Email              lee.pulbrook@pickles.com.au

         Expression of Interest’s may be lodged by mail or email, provided that the Expression of Interest application is correctly
         completed, signed and received by Pickles prior to the close time.

3. Formal Offers
         Complete the Offer Schedule (Annexure 2) by stating the total offer price (Offer) (AUD) Inclusive

         of GST plus the applicable buyer’s premium.

4. Deposit
          A deposit of 10% of the total offer is required at the time of Expression of Interest submission. Deposits can be made
          EITHER by:
          (a)     Unendorsed bank cheque in favour of "Pickles Auctions Pty Limited Tamworth Trust Account"

          (b)      Direct Electronic Transfer of funds into " Pickles Auctions Pty Limited Tamworth Trust Account"

                  Pickles Auctions Pty Ltd Tamworth Trust Account
                  Bank: ANZ
                  BSB: 012 830
                  Account No: 8349 70628
5. Buyer’s Premium
       (a) A Buyer's Premium of 0% (Inclusive GST) applies to all assets and must be added to your offer price.

6. Terms and Conditions
       A full list of Terms and Conditions are contained in Annexure 1.

7. Expression of Interest Item Locations
            The Expression of Interest Items are located at:

            •    Glen Innes Correctional Centre, Gwydir Hwy, Glen Elgin, NSW, Australia 2370
8. Inspections
       Inspection of the Expression of Interest Items are to be by appointment only by contacting the project manager. All
        requests to inspect must be forwarded to Lee Pulbrook by 12pm AEST Friday 2nd of July 2021 (No Exceptions to this
        timeline will be granted). To be considered for approval to inspect the assets at the Glen Innes Correctional Centre
        you must supply The Vendor and its Agent with copies of valid Driver’s Licenses for every individual person wishing to
        visit the site. Once supplied the vendor will review and reserves the right to refuse entry to any interested party. No
        party including the interested party, its employees, agents or contractors which attend the Expression of Interest site
        at any time, will be permitted to bring onto the site any technology device including but not limited to: phone;
        camera / recording device; computer / notebook; tablet etc. Any party who is found to have any such device onsite
        will be escorted from the site and refused any further access. The Seller also reserves the right to review / confiscate
        the device at its sole discretion.

       Lee Pulbrook: +61 (0)499 993 285 E: lee.pulbrook@pickles.com.au

9. Collection of Expression of Interest Items
       Upon funds being received in full the Purchaser will be responsible for ongoing fees applicable to the storage of the
       Expression of Interest Items.

       Expression of Interest Items must be removed in full before Friday 15th of October 2021. Collections can be made
       Weekdays between 7:30am and 3:30pm but not on any gazetted public holiday in New South Wales.
10. Insurance
       The Purchaser will be responsible for insurance cover on receipt of payment in full. Copies of Certificate of Currencies
       for Public Liability and Workers Compensation insurances for all visitors to the site will also be required to be
       provided. All parties involved in the removal of the assets will need to submit detailed WHS documentation including
       copies of safety management system, Safe Work Method Statements for removal processes, copies of all contractors
       / trades & personnel licenses, copies of Certificate of Currencies for Public Liability and Workers Compensation
       insurances etc

11. Questions
       Please contact the Project Manager if you have any queries regarding the completion of this Expression of Interest
       Application.
EXPRESSION OF INTEREST PROCESS
                                     Expression of Interest Items
                                          Offered for sale

                      Request for Inspection Submitted by Interested Parties by
                                 12pm AEST Friday 2nd of July 2021

                           Inspections Conducted Tuesday 20th of July 2021

                                     Expression of Interest Closes
                                 4pm (AEST) Tuesday 27th July 2021

                            Expression of Interest Review (10 Days)

       Successful Expression of Interest Notified               Unsuccessful Bidders Notified
Invoice Forwarded. Payment Finalised within 72 Hours.
Buyer to advise details and ID for all parties which are to
     visit site throughout collection period (5 Days)

      CRI Checks undertaken by Vendor to approve
           parties coming onto site (2-6 Weeks)

      Collection of assets by purchaser. Expression of
       Interest Items must be removed in full before
                Friday 15th of October 2021
TABLE OF CONTENTS

EXPRESSION OF INTEREST APPLICATION .............................................................................................. 7
SCHEDULE OF DETAILS OF APPLICANT.................................................................................................. 8
ANNEXURE 1 ......................................................................................................................................... 9
EXPRESSION OF INTEREST TERMS & CONDITIONS........................................................................10 - 16
ANNEXURE 2 ........................................................................................................................................17
OFFER SCHEDULE .................................................................................................................................18
EXPRESSION OF INTEREST APPLICATION

(A)    The party whose details appear in the attached Schedule hereby submits its Expression of Interest Offer to
       purchase the Expression of Interest Items indicated by the Applicant in Annexure 2 of this Expression of
       Interest Application.

(B)    The Applicant acknowledges and agrees that:
         (i)     If it is the successful Applicant, it must pay a Goods and Services Tax (GST) of 10%. Overseas
                purchasers will have the GST refunded subject to all Australian Tax Office requirements and
                documents being completed satisfactorily.
         (ii)   A Buyers Premium of 0% applies to Expression of Interest Items (Inclusive GST).
       (iii)    This Expression of Interest Application forms an irrevocable offer to purchase from the Seller
                each ender Item as indicated by the Applicant in the Offer Schedule (Annexure 1);
       (iv)     The Seller may sell all or part of the Expression of Interest Items at any time prior to the Closing
                Date and any Applicant or proposed Applicant will have no claim against the Seller or its Agent by
                reason of the sale of all or part of the Expression of Interest Items on or prior to the Closing Date;
       (v)      The Seller is under no obligation to accept any Expression of Interest. In the event of an
                Expression of Interest not being accepted, the Seller reserves the right to negotiate with one
                or more of the Applicants to the exclusion of other Applicants. An Expression of Interest may only
                be withdrawn with the consent of the Seller; and
       (vi)     It will abide by the Expression of Interest Conditions as outlined in Annexure 2.

       (vi)     If the Expression of Interest Offer contained in this Application is accepted, the Applicant will
                abide by, and is bound to, the Terms and Conditions as outlined in Annexure 1 of this
                Application;
       (vii)    The Seller and Pickles will not be liable for any information provided to the Applicant prior to the
                Applicants submission of the offer contained in this Application or for any errors in or omissions
                from that information and that the information was furnished for the convenience of the Applicant

       DATED this                                     day of                                    2021

 EXECUTED BY THE APPLICANT in accordance                       )
 with section 127 (1) of the Corporations Act 2001:            )
                                                               )
                                                               )
                                                               )
         Signature of director/secretary                       )
                                                                    Signature of director
                                                               )
                                                               )
                                                               )
                                                               )
                                                               )
   Name of director/secretary - please print                        Name of director - please print
SCHEDULE OF DETAILS OF APPLICANT

ITEM          INFORMATION                                       DETAILS
   1   APPLICANT

  2    Applicant's address

  3    Applicant's       address      for   Address:
       service     of    notices     and
       contact name

                                            Phone:

                                            Fax:

                                            Email:

                                            Contact Name:

                                            Contact Position:
  4    ACN and ABN Number
ANNEXURE 1

Expression of Interest
 Terms & Conditions
EXPRESSION OF INTEREST TERMS AND CONDITIONS

Definitions
In these terms and conditions, unless the context otherwise requires or implies:

Agent means Pickles Auctions Pty Limited (ACN 003 417 650) Trading As Pickles Auctions.
Australian Consumer Law means the Australian Consumer Law set out in Schedule Two of the
Competition and Consumer Act 2010 (Cth).
Catalogue means a list containing all of the Expression of Interest Items available for sale and provided by
the Agent on behalf of the Seller
GST means the goods and service tax as imposed by the GST Act.
GST Act means A New Tax System (Goods and Services Tax) Act 1999 (Cth).
Loss means any claim, delay, loss, liability, damage, expense, penalty, outgoing or cost whatsoever and
however arising, whether present, unascertained, immediate, future or contingent and includes indirect and
consequential losses.
Non PDH Goods means any goods which are not PDH Goods.
WHS Legislation means the Work Health Safety Act, Regulations and codes of practice which govern
Work Health Safety of workers and workplaces in the States in which the Expression of Interest takes
place.
PDH Goods means goods which, for the purposes of section 3(1) of the Australian Consumer Law, are a
kind ordinarily acquired for personal, domestic or household use or consumption.
Purchaser means the successful bidder for all Expression of Interest Items in the Expression of Interest, as
determined by the Agent.
Purchase Price means the most attractive bid accepted by the Agent for all Expression of Interest Items.
Seller means the owner of the Expression of Interest Items or the person authorising the Agent to sell the
Expression of Interest Items on the owner’s behalf.
Taxable Supply has the meaning given to that term by the GST Law.
Tax Invoice means a tax invoice as defined in the GST Act.
Expression of Interest means the sale by Expression of Interest or silent auction of all of the Expression
of Interest Items listed in a Catalogue.
Expression of Interest Items means any one or more goods, items of plant and equipment available for
purchase in the Expression of Interest.
Expression of Interest Offer means an offer to buy all the Expression of Interest Items supported by a
submission in accordance with the Expression of Interest document
Expression of Interest Site means premises at which the Expression of Interest Items are stored.

2. Expression of Interest Contract Particulars
      (a) The Agent is acting as an agent for the Seller.
      (b) The sale contract for the purchase of Expression of Interest Items is made directly between the
      Seller and the Purchaser.
      (c) The Expression of Interest documents, the Purchaser’s identification form and these terms and
      conditions constitute the entire relationship between the Agent, the Seller and the Purchaser.
      (d) If any dispute arises in relation to an Expression of Interest Item, the dispute is between the
      Purchaser and the Seller. The Purchaser agrees to release the Agent from any claim, action, Tribunal
      or court proceeding in respect of that Expression of Interest Item and to indemnify the Agent, on a full
      indemnity basis, from all liability, including all costs incurred by it in relation to any such claim.

3. Submitting an Expression of Interest Offer
       (a) All bidders must be 18 years of age or older.
       (b) All bidders must register to bid at the Expression of Interest by providing the Agent with a
       completed application form as evidence of identification.
       (c) All Expression of Interest Items are sold and purchased on an ‘as is, where is’ basis.
       (d) Upon submission of an Expression of Interest Offer bidders agree to be bound by these Terms
       and Conditions.
       (e) A bidder will be deemed to be making an Expression of Interest Offer on their own behalf
       unless prior to the Expression of Interest Offer being submitted it disclosed to the Agent that it will
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be submitting the offer on behalf of a principal and has supplied a copy of a written authority to that
     effect and any other documents that the Agent requires.
     (f) Subject to any reserve price, and at the, sole discretion of the Agent, the bidder whose
     Expression of Interest Offer is most attractive to the Seller and is not in breach of these Terms and
     Conditions or any other terms set out by the Agent, will be the Purchaser.
     (g) the Agent will use reasonable endeavour to inform a bidder within 10 days if their offer has been
     accepted and they are the Purchaser
     (h) The entry of the Purchaser’s details as the Purchaser record by the Agent or its clerk is binding
     on the Purchaser, and is prima facie evidence that the Purchaser has agreed to purchase the
     Expression of Interest Item.

4. Risk Shifts Upon Acceptance

    (a) The Purchaser assumes all risk in relation to an Expression of Interest Item from the time the
    Expression of Interest Offer is accepted by the Agent and the Seller, and neither the Agent nor the
    Seller will be accountable for any deficiency damage or loss to the Expression of Interest Item which
    may arise, occur, or become apparent thereafter.
    (b) The Purchaser agrees to release and indemnify the Agent and Seller from any claim, action,
    Tribunal or court proceeding in respect of any such deficiency or damage and to indemnify the Agent,
    on a full indemnity basis, from all liability, including all costs incurred by it in relation to any such
    claim.

5. Payment upon completion of Expression of Interest

     (a) The Purchaser is not entitled to remove the Expression of Interest Item(s) from the Expression
     of Interest Site until the Purchase Price has been paid in full and all other site requirements and
     special conditions have been approved by the Seller and its Agent.
     (b) The Purchaser of an Expression of Interest Item must pay a deposit of no less than 10% of the
     Expression of Interest Offer as agreed by the Agent, upon submission of the Expression of Interest
     Offer and in any event before the close of the Expression of Interest at 4pm (AEST) Tuesday 27th
     July 2021.
     (c) If the Purchaser pays a deposit, it must pay the balance of the Purchase Price within 3 days of
     the invoice being raised or as otherwise specified by the Agent.
     (d) Payment of the Purchase Price must be by clear funds. If payment is made by bank cheque
     and the cheque is dishonoured, the Purchaser will be deemed to be in fundamental breach of its
     obligations pursuant to these Terms and Conditions.
     (e) In the event of late payment the Agent reserves the right to charge the Purchaser interest
     which will accrue at the rate of the lower of 2% of the Purchase Price per month or the highest rate
     allowed by law.

6. Removal of an Expression of Interest Item from the Expression of Interest
Site
    (a) No Expression of Interest Item may be removed by the Seller during the Expression of Interest
    without the express consent of the Agent.
    (b) The Expression of Interest will be deemed complete after all of the Expression of Interest Items
    listed in the Expression of Interest catalogue have been paid for and collected.
    (c) Subject to clause 11 the Purchaser must remove the Expression of Interest Item from the
    Expression of Interest Site within the advised collection days after the completion of the Expression
    of Interest or as otherwise specified by the Agent, but no later than 15th of October 2021.
    (d) If the Purchaser does not remove the Expression of Interest Item in accordance with this clause
    6, the Agent or Seller may remove the Expression of Interest Item from the Expression of Interest
    Site and transport and store it in an alternate location. The Purchaser is required to pay all
    reasonable costs (and up to $1,500.00 per day) incurred by the Agent or the Seller in relation to the
    relocation and storage prior to removing the Expression of Interest Item.
    (e) The Purchaser will be strictly liable for any damage to the Expression of Interest Site, or other
                                                                                                          11
goods, caused by the removal of any Expression of Interest Item from the Expression of Interest Site.

    (f)The Expression of Interest Items can only be removed between the hours of 7:30am and 3.30pm
    Monday to Friday and only by appointment with the project manager of the Agent, unless otherwise
    arranged with the Seller.

7. Removal Conditions
     (a) The Purchaser represents and warrants to the Agent and Seller that:

                (i) they will not cause damage or injury to or permit damage or injury to be caused to and
                persons or property, structures, fixtures and fittings or any other real property of the Agent or
                Seller at or near the Expression of Interest Site
                (ii) they will ensure that the Expression of Interest Site is kept clean and in a tidy condition
                and shall remove all rubbish it, its employees, agents and contractors accumulate during
                the course of their activities onsite. If the Purchaser fails to comply with obligations imposed
                on it by t h i s clause, then after giving notice of intention in writing the Agent or Seller may
                arrange for any cleaning required to be carried out at the Purchaser's expense and the cost
                will become a debt owed by the Purchaser to the Seller.
                (iii) any damage, breakage or defect caused by the Purchaser, its employees, agents or
                contractors shall be made good by the Purchaser at its cost and expense.
                (iv) they will remove the Expression of Interest Items in such a way as to ensure no
                inconvenience is caused to the Agent, Seller or the public and that all methods of ingress
                and egress from the Expression of Interest Site are kept free of blockage and obstruction at
                all times.
                (v) all plant, tools and equipment used by the Purchaser, its employees, agents or
                contractors on or around the Expression of Interest Site shall be selected and maintained in
                a fully serviced and safe condition.
                (vi) provide all relevant ‘Safe Work Method Statements’ for approval by the Agent and the
                Seller prior to commencement of decommissioning, collecting or removing the Expression of
                Interest Items from the Expression of Interest Site.
                (vi) all person or entities tasked with collecting the Expression of Interest Items have all
                relevant permits and adequate Public Liability and Workers Compensation Insurance cover.
                (viii) they indemnify the Agent and Seller from all claims or proceedings which may be
                brought against the Agent or Seller which in any way arise out of or are connected with the
                collection or removal of the Expression of Interest Items from the Expression of Interest site.

8. Title of the Expression of Interest Item

    (a)   The Seller represents and warrants to the Purchaser and the Agent that:

          (i)     it has good title to the Expression of Interest Item;

          (ii) it has proper authority to sell the Expression of Interest Item; and

          (iii) there are no undisclosed encumbrances, liens or security interests (as defined in the
          Personal Property Securities Act 2010 (Cth)) over the Expression of Interest Item;
          at the time of delivery of the Expression of Interest Items.

    (b) The Seller acknowledges that the Agent relies on this representation and warranty in offering the
    Expression of Interest Item on behalf of the Seller.
    (c) The Purchaser acknowledges that it is its responsibility to conduct a search of the Register of
    Encumbered Vehicles or the Personal Property Securities Register (as applicable) and that search
    must be undertaken no earlier than the day prior to the day it submits an Expression of Interest Offer
    to ensure that there is no undisclosed encumbrance over the Expression of Interest Item.
    (d) If, subsequent to the acceptance of the Expression of Interest Offer but before the collection of an
    Expression of Interest Item, the Agent becomes aware that the Seller does not have good title to the
    Expression of Interest Item sold, it has the discretion to cancel the sale of that Expression of Interest
    Item and refund to the Purchaser any moneys paid in respect to that Expression of Interest Item only.
    The Purchaser agrees that it will not make a claim against the Agent in such an instance. If it does
                                                                                                            12
so, it agrees to indemnify the Agent from any, and all, costs, on a full indemnity basis that the Agent
    incurs as a result.
    (e) Title in any Expression of Interest Item does not pass until the Purchase Price (and if applicable,
    any other Governmental charges or fees payable pursuant to these Terms and Conditions, including,
    but not limited to any taxes, levies, duties, imposts, deductions and charges) has been paid in full.
    (f) Any guarantee made by the Seller or Agent under this clause 8 is in addition to and is not
    intended to replace or detract from any rights or remedies a Purchaser may have under the
    Australian Consumer Law or any other applicable laws.

9. Rights Reserved

    (a) The Agent and/or Seller reserve their right to withdraw any Expression of Interest Item or
    Expression of Interest Items listed in the Catalogue from the Expression of Interest;
    (b) The Agent reserves its rights:

          (i)   to offer for sale part only of any Expression of Interest Item listed in a Catalogue;

          (ii) to offer two or more separate Expression of Interest Items listed in a Catalogue for sale
          together as one Expression of Interest Item and if that Expression of Interest Item is not sold, to
          offer those Expression of Interest Items for Expression of Interest as separate Expression of
          Interest Items;

          (iii) to refuse any person admission to, or eject them from the Expression of Interest Site;

          (iv) to not disclose the existence and/or quantum of the reserve price (if any) of an Expression
          of Interest Item prior to the close of the Expression of Interest or withdrawal of the Expression
          of Interest Item;

          (v) to allocate any monies received from the Purchaser between the Expression of Interest
          Items as it sees fit; and
          (vi) to regard the sale of multiple Expression of Interest Items as interdependent and treat
          default under a contract for either Expression of Interest Item as default under all such
          contracts;

10. Warranties and consumer guarantees

    (a) The Purchaser acknowledges that the consumer guarantees stipulated in sections 54, 55, 56,
    57, 58 and 59 of the Australian Consumer Law do not apply to the sale of goods by auction. As a
    result, the Agent and the Seller make no warranties and give no guarantees regarding:

          (i) the goods being of acceptable quality;

          (ii) the goods being fit for any disclosed purpose or any purpose for which the supplier
          represents they are fit;

          (iii) the goods matching their description or corresponding to any sample or demonstration
          model;

          (iv) the availability of repairs or spare parts for the goods; or

          (v) express warranties in respect of the goods made by the manufacturer being complied with

    (b)   If the goods forming part of an Expression of Interest Item are:

          (i)   PDH Goods; or

          (ii) Non PDH Goods and the purchase price of the Expression of Interest Item is $40,000 or
          less (or such other amount specified in or prescribed under section 3 of the Australian
                                                                                                          13
Consumer Law from time to time);
           then certain guarantees may apply in respect such goods purchased by that Purchaser
           including (without limitation):

           (iii) guarantees as to title to the Expression of Interest Item passing to the Purchaser;

           (iv) guarantees regarding the Purchaser having undisturbed possession of the Expression of
           Interest Item; and

           (v) guarantees regarding the Expression of Interest Item being free from undisclosed
           encumbrances.

     (c) Nothing in this clause 10 or clause 11 (or any other provision of these Terms and Conditions)
     should be interpreted as attempting to exclude, restrict or modify the application of any applicable
     provisions of the Australian Consumer Law, or the liability of the Agent or the Seller for failing to
     comply with these provisions of the Australian Consumer Law or the right of a consumer to make a
     claim in respect of these guarantees or under any other provision of the Australian Consumer Law.

11. Limitation of liability

     Where the Purchaser suffers Loss as a result of its purchase of any Expression of Interest Item and:

     (a) the goods forming part of an Expression of Interest Item are Non PDH Goods with a purchase
     price of more than $40,000; or
     (b) the Purchaser suffers the Loss other than as a result of any breach by the Seller or the Agent of
     the consumer guarantee or other similar provision of the Australian Consumer Law;
     then, subject to any other laws which may apply and may not be excluded, or in respect of which
     liability cannot be limited by these Terms and Conditions, the Seller and the Agent will not be liable
     for any such Loss suffered by the Purchaser. This clause applies even if the Seller and/or the Agent
     knew or ought to have known that the relevant Loss would be suffered.

12. Finance

      The Purchaser expressly acknowledges and warrants to the Agent and to the Seller that prior to
      making an Expression of Interest Offer or successfully negotiating the purchase of an Expression of
      Interest Item by private agreement, that it has the either cash resources immediately available to
      complete the purchase or has obtained approval for financial assistance on reasonable terms which
      are satisfactory to the Purchaser.

13. Default

     (a) If the Purchaser is in default of any of its obligations under these Terms and Conditions or any
     interdependent or separate agreement with the Agent or Seller:

           (i) The Agent and/or the Seller may:
           (A) recover damages from the Purchaser;
           (B) without notice to the Purchaser resell the Expression of Interest Item or Expression of
           Interest Items in any manner upon such terms and conditions as it may think proper and
           recover all losses, costs and expenses incurred from any such resale from the Purchaser by
           way of damages, whether or not that amount exceeds the Purchase Price that was to be paid
           by the Purchaser for the Expression of Interest Item or Expression of Interest Items (and

                                                                                                             14
including all legal costs) and the amount of any commission lost on the original sale as the
          result of the Purchaser’s default and the cost of advertising in respect of any such resale; and
          (C) forfeit any monies paid by the Purchaser in consideration for an Expression of Interest
          Item and/or Expression of Interest Items.

    (b) If the Seller defaults on the delivery of an Expression of Interest Item or part thereof, the Seller
    must refund any money which the Purchaser had paid to the Agent on account of its purchase.

14. General Law
    (a) The proper law governing the interpretation and enforcement of these conditions including all
    substantive rights and obligations hereunder and the manner mode and method of performance is
    the law of the State in which the Expression of Interest took place.
    (b) All rights and remedies available to the parties against each other under the general law are
    subject to these conditions.
    (c) If any of the conditions in these Terms and Conditions are to any extent held by any court of
    competent jurisdiction to be invalid or unenforceable, the remaining conditions will not be affected
    thereby, and will remain in full force and effect.

15. Further special conditions

     The Agent may prior to the commencement, or during an Expression of Interest announce further
     special conditions applying to that Expression of Interest or a particular Expression of Interest item
     in which event such further special condition or conditions will be deemed to be incorporated into
     and form part of these conditions.

16. Goods and services tax (GST)

    (a) The Seller will elect whether the Purchase Price of the goods is inclusive or exclusive of GST. If
    applicable, GST will be added to all charges and fees payable.
    (b) If the whole or any part of the Purchase Price of an Expression of Interest Item is consideration
    for a taxable supply, the Purchaser must pay to the Seller via the Agent, an amount equal to the GST
    amount applicable to the Purchase Price. The Agent will provide to the Purchaser (if applicable) a
    Tax Invoice at that time.

17. Sale of Used Expression of Interest Items and other goods

    (a) The Purchaser acknowledges that:
    (i) the Agent is unable to, and does not carry out an inspection of the Expression of Interest Items
    offered for sale;
    (ii) the information that the Agent has in relation to each Expression of Interest Item is information
    provided to the Agent by the Seller of each Expression of Interest Item (including, in the case of plant
    equipment and any inspection, condition, pre-sale reports or other information as to the condition of
    the plant equipment);
    (iii) the information provided by the Seller in relation to each Expression of Interest Item is
    not guaranteed by the Agent;
    (iv) it must satisfy itself as to the condition, description and state of repair of the Expression of
    Interest Item prior to the Expression of Interest;
    (v) if a dispute arises in relation to this information, the Purchaser will exclude and indemnify the
    Agent from any such dispute (including costs on a full indemnity basis by any costs incurred by the

                                                                                                           15
Agent in relation to such dispute).

18. Sale of Used Plant and Equipment

     The Purchaser acknowledges that:

     (a) The WHS Legislation imposes obligations in respect of safety for workers arising out of the
     design manufacture and supply of plant and equipment (Plant) for use in a workplace.
     (b) The Agent and the Seller have warned prospective purchasers that no Plant is being offered
     for sale for use in any workplace and it is the Purchaser's or user's responsibility to ensure that if the
     Plant is to be so used it is brought to a standard necessary to comply with the WHS Legislation
     before being used for this purpose and testing and examination is carried out to ensure it is safe
     and fit for use in a workplace.
     (c) In so far as it is readily available, information prepared by the designer or manufacturer of the
     Plant and any records kept by previous owners of the Plant that were required to be kept under the
     WHS Legislation ("the information and/or records") is made available for inspection to prospective
     purchasers and will be provided to the Purchaser.
     (d) Where no such information and/or records are available, no liability for the absence of same is
     assumed by the Agent and/or the Seller.
     (e) It is the responsibility of the Purchaser to ensure that the Purchaser seek to ascertain the
     information and/or records.
     (f) Safety inspections of all plant purchased at auction must be performed by the Purchaser as
     breaches of the WHS Legislation carry very heavy penalties in the interest of health and safety for
     workers.

19. Special Site Conditions

     The Purchaser acknowledges and accepts the below special site conditions apply to all Expression
     of Interest assets sold in the Expression of Interest sale:
     (a) The Seller reserves the right to request the buyer to supply copies of valid and current Drivers
     licenses for all parties which the Purchaser requests to attend the Expression of Interest site
     throughout the collection process. These must be supplied before Wednesday 11th August 2021.
     (b) The Seller will conduct all background checks it requires on all parties including the Purchaser,
     its employees, agents or contractors which will be attending the Expression of Interest site
     throughout the collection process.
     (c) The seller reserves the right to deny access to any party the Purchaser supplies details of
     without any explanation.
     (d) No party including the Purchaser, its employees, agents or contractors, which attend the
     Expression of Interest site at any time, will be permitted to bring onto the site any technology device
     including but not limited to: phone; camera / recording device; computer / notebook; tablet etc. Any
     party who is found to have any such device onsite will be escorted from the site and refused any
     further access. The Seller also reserves the right to review / confiscate the device at its sole
     discretion.

                                                                                                            16
ANNEXURE 2

Offer Schedule

                 17
Expression of Interest Offer Schedule (Annexure 2)

Lot No                                          Description                                                  Total Purchase Price Including GST
             All sawmill plant and equipment located at the Glen Innes Correctional Centre Comprising:

                                                    In feed
                            •     1x Cambio 66CA Debarker, SN: 67335 (Decommissioned)
                                             • 1x 4 paddle roller debarker
                                           • 1x 4m x 4 chain strand log deck
                                        • 1x 9m x 5 chain strand log incline deck
                                       • 1x 9m x 5 chain strand log transfer deck
                                       • 1x 6.7m single chain cooper log trough
                                      • 1x 10.66m single chain cooper log trough
                                                • 1x 5m transfer chain
                        •       Control Cabin with analog console and Pacom DVR and screen

                                              Breakdown saws
                                            Cooper Primary saw
                    •   1x Cooper twin 56” x 4 vertical edger quartered overhead scrag saw
                                  • 1x 8m x 5 chain strand log infeed deck
                                           • 1x 14m outfeed rollcase
                                       • 1x 7.5m x 620mm outfeed belt
                                     • 1x 3.5m x 4.5m slat outfeed table
                                   • 1x 9m x 5 chain incline outfeed deck
                                 • 14x 56” Removable insert Primary blades
                                     • 2x 56” fixed tooth Primary blades
                                   • 10x Removable insert scribing blades
                                            • 200x Primary inserts
                                           • 67x scribing saw inserts
  1      •    Control Cabin with Digital control consoles, Joystic and video camera system and screen

                                2014 Gibson & Sons Edger Multisaw, Job No. E50100
                                   • 1x Gibson 560mm vertical arbour edging saw
                                        • 1x 11m x 800mm outfeed rollcase
                                          • 2x 18m x 250mm outfeed belts
Expression of Interest Offer Schedule (Annexure 2)
                              •   1x 3.5m x 350mm waste conveyor
                              •   1x 11.7 x 350mm waste conveyor
                                      • 14x 24 tooth saws

                                     McKeeco Gangsaw
                       • 1x McKeeco 675mm horizontal arbour gangsaw
                     • 1x 4.5m x 5 chain infeed deck including 4 x lift chains
                     • 1x 6.5m x 600mm infeed rollcase with sizing line bar
•   1x 5.2m x 1m outfeed outfeed including 2.8m x 5 chain lift chains and 7.5m x 400mm return belt
                             • 1x 7.7m x 450mm waste conveyor
                           • 33x 16 tooth 6mm thick 8mm kerf saws
                           • 15x 16 tooth 4mm thick 6mm kerf saws
                            • 6x 20 tooth 4mm thick 6mm kerf saws

                 2011 Full power Multi saw model MRS-3200, SN: A10032002
                           • 1x Full power horizontal arbour band saw
                  • 1x 4.2m x 5 chain strand infeed deck including 5x lift chains
                              • 1x 6.5m x 600mm infeed rollcase
                               • 1x 4.5m x 360mm outfeed belt
                              • 1x 7.2m x 450mm waste conveyor
                                      • 16x 12 tooth saws

                                  Finished Timber line
                                        Green chain
             •   1x 20m x 7m 5 chain twin deck green chain including 3 timber kickers
                        • 4x 10m finished timber transfer chain strands

                             Chipper and residue handling system
                  •   1x 48” Morbark chipper with 1.8m x 1.4m overhead screen
                                 • 1x 6.6m x .7m shaker screen
                                • 1x 6.8m x 1.4m shaker screen
                                       • 1x 80m3 hopper
                                      • 1x 100m3 hopper
                                       • 1x 20m3 hopper
Expression of Interest Offer Schedule (Annexure 2)
                    •  1x 18.8m x 790mm vibrating conveyor trough
                    •  1x 15.5m x 790mm vibrating conveyor trough
                           • 1x 28m x 450 tunnel conveyor
                         • 1x 30m x 300mm infeed conveyor
                       • 1x 4.5m x 650mm waste transfer belt
                       • 1x 5.6m x 470mm trough set conveyor
                       • 1x 10m x 550mm trough set conveyor
                     • 2x 25m x 300mm incline saw dust conveyors
                          • 1x 3m x 300m incline conveyor

                                    Bandsaws
                   2007 Holytech Bandsaw model TF-900, SN: 2114
                           • Holytech 34” vertical bandsaw
                         • 1x 5m x 4 chain strand infeed deck
                          • 1x 4.6m x 1.1m x 6 roller infeed
                          • 1x 4.1m x 1m x 4 roller outfeed
                         • 1x 6.5m x 450mm waste conveyor
                                     • 2x blades
                      • Powered by 30Kw 3 phase electric motor

                         Doldene bandsaw, Machine No. 282
                          • 1x Doldene 38” vertical bandsaw
                                • 1x infeed roller deck
                               • 1x outfeed roller deck
                             • 1x sawdust extraction unit

                                 Robinson bandsaw
•   2x Robinson 56” Bandsaws (Decommissioned) including 1 x Type XF 54”, Machine No. 927
                                     • 6x blades

                 2004 High Point horizontal bandsaw model R04-069
                     • 1x High Point 28’ horizontal twin bandsaw
                                • 1x infeed roller deck
                               • 1x outfeed roller deck
Expression of Interest Offer Schedule (Annexure 2)
                                          •   1x sawdust extraction unit
                                                   • 6x blades

                                                   Boiler
•   2004 Trevor Fully Automatic Firetube Boiler, Model PAG35 c3, Saacke Burner, 2500Kw, Job # RB307, Natural
    Gas Fired, 1.54m3 Combustion Chamber, 415v, with associated equipment including electric pumps, motors
                                             & Vertical receiving tank.
        • 1965 Tomlinson Boiler, (Decommissioned) Type CBA:621:80:98, Capacity 2760:Lbs:Hr, 425V

                                                 Electrical
•   Electrical control cabinet room with 415v electrical control cabinets and drive units to operate entire sawmill.
        • 2014 Gibson Edger Motor Control Cabinet to platform, Mid Coast Switchboards SN: 07141924
                                 • Allen Bradley Prosafe remote lockout system.

                                     Other Woodworking Assets
                               • Surface Grinder, German (Decommissioned)
                        • 2004 Red Roo mulcher model CMS1003K25, VIN: Unreadable
                            • Saw sharpening and chipper knife grinding equipment
                                                • Docking saws
                             • 2x chain saw dockers to yard, yellow steel fabricated
         •   Auto clave treatment tank plus 2x chemical tanks. Approx 3,100mm Dia. (Decommissioned)
                                        • Kara saw (Decommissioned)
                                             • Friction saw bench
                                         • SCM Linvincible Multi saw
                                      • Sawdust cyclones and blowers
                                    • Assorted spare parts for machinery
                                    • Sizing spacers for breakdown saws
                   • 2011 Full Power Semi Optimising Saw model SOC 200A2, SN: 17150031
                                             • Cambio De-Barker
                               • 2 x Full Power spindle moulders / sharpeners
                  • Hopper unit, Steel Fabricated approx. 2550mm x 2550mm x 4000mm (H)
                                    • Sawdust Shaker (Decommissioned)
                                 • ISIS Router model RT-220, SN: 147, 415V
Expression of Interest Offer Schedule (Annexure 2)
                                •   Esso Beacon 325 Router (in Pieces)
                                      • Table Saw, Unbranded
                             • Woodfast Model 400 Vertical Bandsaw
                                     • Goldsmith Saw Sharpener
                                • Assorted Chain Conveyor Tables
• 4 Wheel Counter Balanced Forklift, Agria model TH30-25, 4000mm max lift height, 3950kg GVW, In Parts
       • Electric Ride on Forklift, Komatsu model FB 8RL-5, SN: 10784, In Parts, missing tynes
 • 4 Wheel Counter Balanced Forklift, Crown Model CD30S, SN: CD30-S, 4730mm max lift height, In Parts,
                                              missing tynes
                               • Omera Hydro Cropper, SN: 225049
                    • Metal Lathe, Hercus CTM 260, SN: 19276 on cabinet base
                                     • Metal Cold Cut Saw, 415v
                             • Assorted Transport trolleys and cradles
                         • Assorted Linishers, Grinders, Sanders and Saws
                        • Welder, Hobart TR-250-HF, 415v with handpiece
         • 2004 Weinig Unimat 1000 Multi Head Auto Moulding Machine, SN: 101152, 415v
                                     • Woodfast Horizontal Drill
    • Diesel Motor, 2009 Cummins 194Kw 8.3CI turbo diesel motor, frame mounted with Radiator
                                       • Gibson 18” Wood Saw
                                     • SCM M3 Multi Blade Saw
                                      • GRS 320 Multi Rip Saw
                                • Rondamat 925 Profile Sharpener
                    • 2005 Becker DVTLF 400 3K 30kw electric motor and pump
   • Peerless two stage Air Compressor, belt driven by 3 cylinder motor, on horizontal receiving tank
                • Frame Mounted Hydraulic Power Pack with 7.5Kw Electric motor
                                         • Woodfast Router
                                   • Woodfast TS3800 Panel Saw
                                      • SCM SI15WF Panel Saw
        • Large Air Compressor, belt driven by 2 cylinder motor, on horizontal receiving tank
                                 • Leda YFP24P Auto Docking Saw
                        • Invicta Delta model RC-63D Planer / Thicknesser
            • 2011 Full Power model OFT-2670B Chain Loader Table, SN: 11200001, 415v
Expression of Interest Offer Schedule (Annexure 2)
                              •    4 x Assorted 2 Bag Dust Extractors
                            • 2 x Assorted Single Bag Dust Extractors
                                      • Major Bobbin Sander
                    • Leda model OVS-JM Belt Sander, 1 HP, 240v, SN: 0806004
                                          • Head Grinder
                        • Dominion BCC Spindle Moulder with powered feed
                                    • SCM Sandaya Optimiser
                                 • Omec model TA185 Table Saw
               • 2004 Full Power model OCS-18A optimizing cut-off saw, SN: 437002
•   2017 Mini Articulated Wheel Loader, Hofmeister model WL50EU, SN: H170038, 48Hp, 4 in 1 Bucket
                         • Plus, numerous Sawmill equipment and spares.
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