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ҳɛ૧ᐏ՟אһҷࡈɛ༟ࣘdሗၾ܄˒؂ਕ௅ᑌഖf
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؂ਕ̤Бϗ՟؂ਕ൬͜f್Ͼd͉ʮ̡ʔڭᗇ̈ɹ஢̙ᗇਗ਼
؂ ਕ ̤ Б ϗ ՟ ؂ ਕ ൬ ͜ f ್ Ͼ d ͉ ʮ̡ ʔ ڭ ᗇ ̈ɹ ஢ ̙ ᗇ ਗ਼ ʿ ਖ਼ ࢕ ׵ ቖ ਯ ˚ ಂ ᐏ ౷ཁ ટॶ ʘ จ Ԉ d א ༈ ͦ ፽ ʫ࢙ ᜑ ͪ ༈ ҳɛ ૧ ᐏ՟ א һ ҷ ࡈ ɛ ༟ ࣘ d ሗ ၾ܄ ˒ ؂ ਕ ௅ ᑌ ഖ f CONDITION OF BUSINESS
CONDITION OF BUSINESS
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CHAPTER I GENERAL RULES
written in the catalogue or other descriptive materials,
such Agent is a legal person or any other organization; and
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to examine the aforesaid documents in a lawful manner.
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ARTICLE 1 POLY AUCTION (HONG KONG) LIMITED
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the Company according to these Conditions of Business.
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ARTICLE 7 THE SELLER'S WARRANTIES
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ಛ ධ ʘ ˚ ˟ d ൯ ࢕ ၾ ͉ʮ̡ ̤ Ϟ ՘ ᙄ ٫ ৰ ̮ i ࢕̀඲ίשርϓʹ˚ৎɓϋʫΣ͉ʮ̡౤Զᗇኽ͉ܲૢୋ ር࢕બᛆ͉ʮ̡࿁Չ։ৄ͉ʮ̡שርٙ΂ОשርۜႡЪ๫˪e provisions agr eed amon g the S eller , the Buyer and/or P oly other related parties (including but not limited to the agents est (including copyright interest) of any third party, and will not
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ྡͪeྡ፽אՉ˼Җόٙᅂ྅Ⴁۜձ܁ෂۜd͉ʮ̡ԮϞɪࠑ
ɚeʞಛ஝֛ٙ˙όdᗇྼ༈שርۜމᑐۜi
Auction (Hon
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eller
violate the provisions of relevant laws and regulations;
, the Bidder and the Buyer) shall b
of the S
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y these Conditions of Business,
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TICLE 2 DEFINITI
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In these Conditions of Business, the following terms shall
and perform the obligations provided her
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̡ΪՉ༼ߒிϓٙɓʲฦ̰dܼ̍Шʔࠢ׵Ϊ൯࢕፰˹אל˹ ঩໢שርۜʘʹ׸iʊ˹ʘಛධ͉ܲૢ஝֛jৗᒔʚ൯࢕dШ ɛʔ੻Դ͜f͉ʮ̡ʿር࢕ѩԨ͊Ъ̈שርۜ݊щաوᛆה In these Conditions of Business, the followin g terms shall and perform the obligations provided herein. pan y with r espect to the origin and an y ﬂ a w of the L ot and
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have the meanings set forth below:
notiﬁed the Company in writing, without any concealment or
Any Bidder who bids in an auction organized by the Company,
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ʿ Ϊ ΂ Оࡡ Ϊ͟ ͉ ʮ ̡ Ц Ϟ ༈ ൯ ࢕ ٙ ΂ О Չ ˼ ৌ ପ א ৌ ପ ᛆ ʞ ͉ʮ̡̙৤ઋӔ֛ᒀеɪࠑ΂О஝֛f͉ʮ̡ϞᛆࠅӋ൯ ୋʬɤʬૢ еৰப΂ (2)"Seller" means any natural person, legal person or other her/its behalf, whether by raising the paddle, by absentee disclose the defects or ﬂaws about, including but not limit to
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л d व ໄ ಂ ග ೯ ͛ ٙ ɓ ʲ ൬ ͜ ʿ א ࠬᎈѩ ͟ ൯ ࢕ ו ዄ f ߰ ൯ ࢕॰՟Շ΅މ͉ʮ̡ʿ൯࢕ᕐ˙ટॶʘዹͭʿБʫႩ̙ਖ਼࢕ʘ ͉ʮ̡Ъމር࢕ٙ˾ଣɛd࿁ር࢕א൯࢕ٙ΂О༼ߒБމʔ organization that consigns a Lot(s) within the scope of these bi ds , b y ph on e or b y a n y oth er mea ns , s ha l l be deemed to the packaging, labels, level of wear and tear, corks, etc.;
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࢕ ͊ঐί ͉ ʮ ̡ ܸ ֛ ࣛ ග ʫ ᄵБ Չ Ό ௅ ޴ ᗫ ່ ਕ d ۆ ͉ ʮ ̡ Ϟ జѓd൬͜͟൯࢕וዄf͉ʮ̡ೌ඲ա൯࢕̈ͪʘ΂Оజѓה஝ ו ዄ ப ΂ f ί ር ࢕ א ൯ ࢕ ̈ ତ ༼ ߒ Бމ ٙ ઋ ر ɨ d ͉ʮ̡ Ϟ Conditions of Business to the S eller sha y ll for auction. In these ha ve accepted these Conditions of Business in full. ganized b y 3 3.ﬔe Seller is not subject to trade sanctions, embargoes or
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Any dispute among the parties to auctions organized by
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Conditions of Business, a Seller shall include any of its
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ᛆίΣ൯࢕೯̈БԴवໄᛆஷٝ˲൯࢕ί༈ஷٝ೯̈ܝɧɤ˚
ᛆ ί Σ ൯ ࢕ ೯̈ Б Դ व ໄ ᛆ ஷ ٝ ˲ ൯ ࢕ ί ༈ ஷ ٝ ೯̈ ܝ ɧ ɤ ˚ ࠢdԨڭवᛆлరӋᕘ̮ʘਖ਼࢕จԈd൬͉͜͟ʮ̡ІБוዄf ᛆ࣬ኽІʉٙкᓙӔ֛Σር࢕א൯࢕מᚣ̤ɓ˙ٙΤ၈ձ agents unless as otherwise speciﬁed herein or required in a the Compan y shall be settled in accor dance with these does business as well as under the laws of Hong Kong, the
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wise
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ʫʥ͊Ꮅ૶הϞ˞˹ಛධٙઋرɨஈʱवໄيfஈʱवໄيה
ʫʥ ͊ Ꮅ ૶ ה Ϟ ˞ ˹ ಛ ධ ٙ ઋ ر ɨ ஈ ʱ व ໄ ي f ஈ ʱ व ໄ ي ה ʬ ͉Ϟࠢڭᗇʔቇ͜׵मᘒeᙒ፶אՉ˼࠮ۜʿභۜഃ ήѧdԴաՑฦ࢔ٙɓ˙੻˸ஷཀجܛൡதᐏ੻ฦ࢔ሦᎵf particular context; t; Conditions of Business. laws of the European Union, the laws of England and Wales
ticular conte
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Conditions of Business.
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੻ʔԑתᎵ൯࢕Ꮠ˹͉ʮ̡Ό௅ಛධٙd͉ʮ̡Ϟᛆ̤Б৛॰i שርᗳйf Ш݊d͉ʮ̡ίΣር࢕א൯࢕מᚣ༈ഃ༟ࣘʘۃdਗ਼મ՟Υ (3)"Bidder" means any person, company, body corporate or or th e l a w s a n d r egul a ti on s of th e U n i ted S ta tes , a nd i s n ot
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ɖ ͉ʮ̡Ϟഒ࿁৤ઋӔ֛ᛆ࿞ቖאΝจ։ৄɛ࿞ቖʹ׸d ଣ Ӊ ᜷ ஷ ٝ ਗ਼ ஗ מ ᚣ ༟ ࣘ ٙ ɓ ˙f other organization who or which considers, carries out or ow n ed (n or pa r tl y o w n ed) or c on tr ol l ed b y s uc h s a n c ti on ed
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ARTICLE 4 SPECIAL NOTICE
rries out or
ho or w
TICLE 4 SPE
hic
h consider
owned (nor partly owned) or controlled by such sanctioned
other or
s, ca
ganization w
तࣿژᗳ
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൯࢕ʿር࢕ѩცוዄʹ׸הऒʿܼ̍Шʔࠢ׵຾᏶eجܛe
˹
Ԩלഒ༈གྷಂ˹ಛ൯࢕౤̈ٙ˹ಛሗӋe౤஬ሗӋdԨڭव ୋʬɤɓૢ तࣿژᗳ ൯ ࢕ʿ ር ࢕ ѩ ც ו ዄ ʹ ׸ ה ऒ ʿ ̍ ܼ Ш ʔ ࠢ ׵ ຾ ᏶ e جܛ e attempts to bid in anyway. In these Conditions of Business, AR dder s a nd Buyer CIAL N ti OTICE g in a n y a uc ti ons or ga n i zed person(s) (collectively, "Sanctioned Person(s)");
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In
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Bidders and Buyers participating in any auctions organized
.
of
, "S
೼ਕʿഐၑഃٙ޴ᗫப΂dԨცᆽႩʹ׸ʔπίݹ፺אл
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ɞ ຾ᅄ੻։ৄɛΝจd͉ʮ̡̙ܲ๫͉஝ۆ஝֛ΎБשር ϞႭ׼ʔ˾ڌ༈שርۜӚϞॹ௘e๽ଲא͊຾ߕʷஈଣf ू ፩ ৔ ഃ ʔ ج Б މ f ΂ О ϗ e ˹ ಛܸ ͪ ̀ ඲ ૶౸ d ν Ϊ ር࢕ speciﬁed herein or required in a particular context; t; Co ndit ions of Busine ss; Bidd e r s and Buy e r s shall r e ad t he rived from any criminal activity, including without limitation
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ू፩৔ഃʔجБމf΂Оϗe˹ಛܸͪ̀඲૶౸dνΪር࢕
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ed in a par
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א˸Չ˼˙ό̈ਯ༈שርۜdԨ͉͟ʮ̡৤ઋӔ֛Пᄆʿڭव ϞЍᘒͩνߎᘒͩeᔝᘒͩeၠᘒͩʿ΢ᗳ੹Ѝᘒ̙ͩ א൯࢕၍ଣʔഛϾ̈ତՉ੮˒஗ೳeಛධቊ࣑Цഃʔ̙ཫ (4)"Buyer" means the Bidder whose bid or oﬀer for a Lot is s provisions limitin g the Compan y's liabilities and disclaimer s ta x ev asion, money launderin g, terrorist activities or other

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ᄆfࡡ൯࢕ৰᏐ຅˕˹ୋɓϣשርʕ൯࢕ʿር࢕Ꮠ຅˕˹ٙЩ ঐ ຾ ཀ ߕ ʷ ஈ ଣ א ҷ Ԅ̮ᝈ d ̍ ܼ ̋ ᆠ e ɪ ذ ʿ ׳ ࢛ ഃ f வ Ԉٙઋرdɓ฿ܝ؈ၾ͉ʮ̡ೌᗫf r recognized by an Auctioneer as the highest bid for that Lot in contained in these Conditions of Business car efully . Bidder s c criminal activity, and the Seller is neither under investiga-
d
ঐ຾ཀߕʷஈଣאҷԄ̮ᝈdܼ̍̋ᆠeɪذʿ׳࢛ഃfவ
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ecognized b
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the highest bid for that L
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ot in
Auctioneer as
contained in these Conditions of Business carefully. Bidders
ږʿՉ΢ІࠋபٙՉ˼΢ධ൬͜ԨוዄΎϣשርא˸Չ˼˙
ږ ʿ Չ ΢ І ࠋ ப ٙ Չ ˼ ΢ ධ ൬ ͜ Ԩ ו ዄ Ύ ϣ ש ርא ˸ Չ ˼ ˙ Ԭ ஷ ੬ٙ ˙ جʊ ຾ މ ਷ ყ म ᘒ Б ุ ה Ⴉ ̙ d Ш ݊ ຾ ཀ ஈ ଣ ٙ an auction held by the Company, including the principal on and/or their agents ha ve the r esponsibilities to r eview the ti tion, nor has it been charged with or convicted of without
Ԭஷ੬ٙ˙جʊ຾މ਷ყमᘒБุהႩ̙dШ݊຾ཀஈଣٙ
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ό̈ਯ༈שርۜהϞ൬̮͜d߰ΎБשርא˸Չ˼˙ό̈ਯ༈ ᘒͩٙ೷ܓ̙ঐึࠥЭʿāאί˚ܝცࠅतࣿڭቮf ୋʬɤɖૢ ஷٝ behalf of which such Bidder acts; original L ot in per son, and bear legal liabilities for their acts limitation, tax evasion, money laundering, terrorist activities
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x ev
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asion, money launderin
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original Lot in person, and bear legal liabilities for their acts
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ש ር ۜ ה ੻ ٙ ᄆ ಛ Э ׵ ࡡ ש ር ᄆ ಛ d ࡡ ൯ ࢕ Ꮠ ຅ ໾ԑ ࢨ ᕘ i ͉ʮ̡ʔึމӊ΁ᘒͩשርۜ͡ሗਖ਼ุዚ࿴ᛡ֛జѓfν ᘩ ҳ ɛ ʿ ൯࢕ ѩ Ꮠ ਗ਼ Չ ո ֛ Ϟ ࣖ ٙஷ ৃ ή ѧ ձ ᑌ ഖ ˙ ό ˸ (5)"Buyer's Commission " means an y commission that of biddin g the L ot . or other criminal activity;
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(5)"Buyer's Commission" means any commission that
or other criminal activity;
of bidding the Lot.
ɘ ਗ਼͉ʮ̡ί΂ОՉ˼ʹ׸ʕ˞˹൯࢕ʘಛධתቖ൯࢕ ݔ΁שርۜʊ຾੽਷ყႩ̙ٙᘒͩྼ᜕܃՟੻ᛡ֛జѓd͉ ᘩҳ೮া˖΁אՉ˼͉ʮ̡Ⴉ̙ٙ˙όѓ͉ٝʮ̡d߰Ϟҷ a a Buyer shall pay to the Company calculated at the rate U Upon the Auctioneer confirms the Bidder's bid by striking 5.If the Lot being consigned shall be imported into Hong Kong,
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˞ ˹ ͉ʮ̡ ᗫ ׵ ש ር ۜ ʘ ΂ О ಛ ධ i ʮ̡ึ׵שርྡ፽ɪ༉୚༱׼fΪ΢ྼ᜕܃Դ͜˙جձҦஔ ᜊdᏐͭуࣣࠦѓ͉ٝʮ̡f speciﬁed herein of the Hammer Price for the Lot that such his/her hammer or in an y other manner publicly indicatin g the Seller shall guarantee the compliance with the laws of its
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confirmation of the purchase in an
origin, and ensure the completion of the export and import pro-
ganized b
Buyer purchases;
y auctions or
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࢕ ˞ ˹ ͉ʮ̡ ᗫ ׵ ש ር ۜ א Չ ˼ ʹ ׸ ʘ ΂ О ಛ ධ i Ϟ͑ɮ׌dே̙ঐܵʔΝจԈf͉ʮ̡ʔึ࿁΢ྼ᜕܃̈Ո ஷ ٝ f ༈ ഃ ஷ ٝ ί ɨ ΐࣛ ග ൖ މ৔ ༺ j ( (6)"Lot" means any item consigned by a Seller to the Company y the Compan y , the contract for sale r egar din g the L ot shall cedur es and notify the Compan y in writin g; and
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eller
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the
b
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auctioned
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ҳۃϗ՟ᘩҳڭᗇږi ν؈ᘩҳɛࠅӋ౤Զܸ֛ྼ᜕܃ٙᛡ֛జѓdሗίשር ɚ ν݊˸ඉ੔˙ό೯̈ٙdۆމඉ੔˚ʘܝୋɖ˂i numbered in any catalogue with certain description; Buyer of the Lot. ﬔe Company, the Seller and the Buyer shall l l tra vene an y la ws of Hon g K on g (includin g the P ublic Health and
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travene any laws of Hong Kong (including the Public Health and

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˚ۃЇˇ ࡈʈЪ˂౤̈ࠅӋd͉ʮ̡ਗ਼ึ˾މ͡ሗᛡ֛
ɤɚ Σር࢕ீᚣ൯࢕ʘ༟ࣘd˸Դር࢕̙࢝කجܛൡதd ˚ ۃ Ї ˇ ࡈ ʈ Ъ ˂ ౤ ̈ ࠅ Ӌd ͉ ʮ ̡ ਗ਼ ึ ˾ މ ͡ ሗ ᛡ ֛ ɧ ν݊˸ෂॆ˙ό೯̈ٙd຅೯৔ෂॆዚᆽႩ೯̈ࣛf (7)" Auction D ate" means the date on which an auction is acknowledge the sale of the Lot and its closing, enjoy the rights Municipal Services Ordinance, the Food Safety Ordinance and
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acknowledge the sale of the L
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dinance a
nd
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˸ϗΫ˞ಛdאఱ൯࢕༼ߒ͡॰ฦ࢔ሦᎵʿ͡॰جܛ൬͜f జѓdϾ޴Ꮠᛡ֛൬͜ც͟ᘩҳɛוዄf forma lly held, as announced b y the Compan y in its public and assu me the ob lig ations p rovide d b y ap p licab le la ws and / the P rotec tion of E ndan ger ed Species of Animals and Plants
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and assume the obligations provided by applicable laws and/
formally held, as announced by the Company in its public
the Protection of Endangered Species of Animals and Plants
ݔ΁ᘒͩשርۜٙПᄆɗఱ຅Սʊٝ઄ʘהϞ༟ࣘϾЪ̈d ୋʬɤɞૢ ̙ʱ௲׌ notice. In case of an y discr epancy between the actual date or these Conditions of Business. Any party that fails to perform Or dinance the E ndan ger ed Species of W ild Animals and Plants),
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or these Conditions of Business. An
notice. In case of any discrepancy between the actual date
ty that fails to perform
y par
Ordinance the Endangered Species of Wild Animals and Plants),

ᄲ
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ۜ
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ୋʞɤɘૢ ַಂ౤՟שርۜʘ໾હ˙ج ᘩҳɛᏐ׵שርۃІБᄲ޶שርۜאఱשርۜਂ༉းə༆d ν͉஝ۆʘ΂Оૢಛא௅ʱΪ΂Оଣ͟஗Ⴉ֛މೌࣖeʔΥ and the announced date of an auction, the actual date shall obligations shall bear its/his/her corresponding legal liabilities. ensure and disclose to our Company that it has any license
d
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y that it has an

g legal liabilities.
espondin
ensur
and the announced date of an auction, the actual date shall
obligations shall bear its/his/her corr
e and disclose to our Compan
y license
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or qualiﬁcation registration to possess, disposal or sale of the
y amend these Conditions of Business for a
y
ma
an
he Comp
prevail;
߰൯࢕͊ঐίשርϓʹ˚ўϓʹ˚ৎɖ˚ʫ౤՟Չᒅ੻
߰ ൯ ࢕ ͊ ঐ ί ש ር ϓ ʹ˚ ў ϓ ʹ˚ ৎ ɖ ˚ ʫ ౤ ՟ Չ ᒅ ੻ ᘩҳɛɓ͇ਂ̈ᘩҳdуൖމՉટա༈ഃשርۜʘΌ௅ତًf ج א ʔ ̙ ੂ Б d ͉ ஝ ۆ Չ ˼ ૢ ಛ א ௅ ʱ ʥ ್ Ϟ ࣖ d ޴ᗫ΢ ˙ pr ev ail; T The Company may amend these Conditions of Business for a or qualiﬁ cation r egistration to possess, disposal or sale of the
جאʔ̙ੂБd͉஝ۆՉ˼ૢಛא௅ʱʥ್Ϟࣖd޴ᗫ΢˙

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particular auction by posting announcements at the auction site or
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(8)"Sale Date" means, in an auction held by the Company,
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ٙשርۜdۆ͉ʮ̡Ϟᛆમ՟˸ɨʘɓ၇אε၇ણ݄j ͉ʮ̡౤፴ᘩҳɛءจd๕Іᇚӳٙᘒͩאၰၯd̙ঐึ Ꮠ຅፭ςeੂБf (8)"S ale D ate" means, in an auction held b y the Compan y , par ticular auction b y postin g announcements at the auction site or auctioned item required by the laws of Hong Kong. ﬔe Seller r
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f
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the date on which the auctioneer concludes a contract for
should ensure that if they require our Company to make an
making an announcement at such auction through an Auctioneer.
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͛ٙɓʲ൬ܼ̍͜Шʔࠢ׵Іשርϓʹ˚ўϓʹ˚ৎٙୋ ɚ ᙒ፶ᗳשርۜ ୋʬɤɘૢ جܛʿ၍ᒍᛆ sale between a Seller and a Buyer by way of hammer striking g additional license or permit to the relevant departments for the
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ୋʬɤɘૢ
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͉ʮ̡
or any other customary manner publicly conﬁrming the sale;
TER II THE SELLER
auction, displa
y
CHAP
, disposal or possession of the auctioned items,
ɧ ɤ ɓ ˚ ৎ ܲ ᘩ ҳ ɛ ೮ া ڌ ࣸ ٙ ஝֛ ࠇ ϗ Ꮇ π ൬ ഃ ʿ א ࠬ ͉ʮ̡ʊఱݔᙒ፶שርۜהٝٙତًࣛر௓ࠑ׵שርྡ or an y other customar y manner publicly conﬁ rmin g the sale; CHAPTER II THE SELLER auction, display, disposal or possession of the auctioned items,
ɧɤɓ˚ৎܲᘩҳɛ೮াڌࣸٙ஝֛ࠇϗᎷπ൬ഃʿ אࠬ
Չ
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e
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ctione
r
son d
he
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u
they should notify us in the written notice not less than two
ans an
y
A
(9)
ᎈ ѩ ͟ ൯ ࢕ ו ዄ f ί ൯ ࢕ ν ᅰ ˕ ˹ Ό ௅ ᒅ ൯ ᄆ ಛ ܝ d ˙̙ ౤ ՟ ፽ ɪ d ස Զ ᘩ ҳ ɛ ਞ Ͻ f Ϊ εᅰ ᙒ ፶ ί Ϥۃ Դ ͜ ಂ ʫ ே Ϟ ஗ ͉ ஝ۆ ʿ ৎ א ၾ ʘ Ϟᗫ ʹ ׸ e О Ϊ ن Ա ᙄ ๫ d ͉ ஝ۆ ਞ ̋ ͉ ʮ ̡ ש ር (9)"Auctioneer" means any person designated by the they should notify us in the written notice not less than two
ᎈѩ͟൯࢕וዄfί൯࢕νᅰ˕˹Ό௅ᒅ൯ᄆಛܝd˙̙౤՟
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ݺਗϾˏৎאၾʘϞᗫٙ΂Оنᙄdѩա࠰ಥجܛ஝၍Ԩ͟
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OCEDUR
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y to moderate a par
ONSIG
TICLE 5 C
ࡌଣeڭቮഃٙ຾ཀd͉ʮ̡ʔڭᗇ΂Оᙒ፶ٙ΂Оཧ௅΁
NMENT PR
months prior to the auction.
ticular auction;
Compan
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ש
ഃ
̍
ย
ʿ
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שርۜ̍ༀʿย༶൬͜e༶፩ʿڭᎈ൬͜ëྤ൬ഃІБࠋዄi ࡌ ଣ e ڭ ቮ ഃ ٙ ຾ ཀ d ͉ʮ̡ ʔ ڭ ᗇ ΂ О ᙒ ፶ ٙ ΂ О ཧ ௅ ΁ Company to moderate a particular auction; ARTICLE 5 CONSIGNMENT PROCEDURE E months prior to the auction.
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eller
(10)"Hammer P
ot to the
eller's
rice" means the price for a L
L
guarantee
W
7.ﬔe Seller shall guarantee that the Lot is authentic. In so
hen arran
gin
g for the consignment of the S
shall
ot at which the
S
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ɚ ൯࢕Ꮠ࿁Չ൴ཀ͉஝ۆ஝֛ಂࠢ͊ঐ౤՟޴ᗫשርۜ މࡡༀd̙ঐπίӚϞᙒᓖeᙒ࿽אᝌਚ̈ਯf ࠰ಥجܛ༆ᙑf͉ʮ̡e൯࢕ʿᘩҳɛഃ޴ᗫ΢˙ѩ඲؂੽ (10)"Hammer Price" means the price for a Lot at which the When arranging for the consignment of the Seller's Lot to the 7. ﬔ e g, the S eller guarantees: that the L ot is authentic. In so
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ɓ
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in
g the hammer or
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y strik
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Compan
y for auction:
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Company for auction:
Auctioneer decides to sell the L
d

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Auctioneer decides to sell the Lot by striking the hammer or
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ot b
doing, the Seller guarantees:
doin
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Ͼί༈ಂ֣ࠢတܝה೯͛ʘɓʲࠬᎈʿ൬͜ІБוዄப΂f ᙒ፶ɓছՈϞڢ੬ၚ୚ልᕏٙዚ૛࿴ிd̙ঐცࠅɓছ הˏ ৎ ٙ ن ᙄ ʘ к Ӕ ͵ ̙׵ ʕ ശ ɛ ͏ ΍ ձ ਷੶ Փ ੂБ f the agr eed sale price in the post-auction sale; 1.The Seller must present a valid identity document with a)ﬔe Lot is not a counterfeit or forgery of: :
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v
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ell
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eit or for
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ν൯࢕Іϓʹ˚ўϓʹ˚ৎٙɧɤ˚ʫʥ͊౤՟שርۜٙd ٙڭቮ؂ਕeһ౬ཥϫאආɓӉٙࡌଣʈЪdϾவԬே͟൯
ν
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photo issued b
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࢕ࠋபf͉ʮ̡ʔڭᗇהשርٙ΂Оᙒ፶ே݊ίԄλ༶Ъً
ale
y
eds of S
,
er
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to the
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c
being the Hammer Price less the Buyer's Commission, all expenses
ri
e l
bein
ess the Buyer
mmer P
described by the Seller as to the work of that artist, author or
e Ha
g th
eller is a natural per
or passport) if the Seller is a natural person and sign a con-
t) if the S
described
or passpor
son and sign a con-
ll e
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xpenses
, author or
tist
y the S
's Commission, a
eller as to the work of that ar
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Υቇٙ˙όʿૢ΁̈ਯ༈שርۜdஈໄה੻ίϔৰ͉ʮ̡Ϊ ࿒fৰڢྡ፽ʕϞ౤ʿdҢࡁʔ౤Զᗇࣣf and other amounts pa yable to the Compan y b y the S eller; signment auction contract with the Compan y; manufacturer;
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and other amounts payable to the Company by the Seller;
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d

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signment auction contract with the Company;
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manufactur

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Ϥପ͛ʘΌ௅ฦ̰e൬̍͜ༀʿย༶൬͜e༶፩ʿڭᎈ൬͜e εᅰᙒ፶ேϞ஗͂කݟ޶ዚڃٙۨ໮ʿሯඎdΪϤ੭Ϟ ͉஝ۆ˸ʕ˖މᅺ๟˖͉dߵ˖˖͉މਞϽ˖͉f (12)"Purchase Price" means the total amount payable by y 2.A v alid cer tiﬁ cate of incorporation, proof of shar eholdin g, ii.A work created or produced within a particular time frame
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e
e
eated
ticular time
2.A valid certiﬁcate of incorporation, proof of shareholding,
yable b
rice" means the total amount pa
(12)"P
or produced
frame
urchase P
ii.A work cr
within a par
ԣ˥̌ঐٙ፶ಠ̙ঐʔԑ੄ԣ˥d͉ʮ̡ܔᙄ൯࢕ίԴ͜ۃ
ߵ˖˖͉νၾʕ˖˖͉Ϟ΂Оʔɓߧʘஈd˸ʕ˖˖͉މ๟f
͟
Ϟ
̈ྤ൬eᎷπ൬eʮᗇ൬ഃܝd߰Ϟቱಛdۆ͟൯࢕ІБ՟Ϋd ԣ˥ ̌ ঐ ٙ ፶ ಠ ̙ ঐ ʔ ԑ ੄ ԣ˥ d ͉ ʮ ̡ ܔ ᙄ ൯ ࢕ ίԴ ͜ ۃ ߵ ˖ ˖͉ν ၾ ʕ ˖ ˖͉ Ϟ ΂ О ʔ ɓ ߧ ʘ ஈ d ˸ ʕ ˖ ˖͉ މ ๟ f the Buyer for his/her/its purchase for each Lot, including g or a legal authorization document shall be required if the or culture, if the Lot is described by the Seller as a work cre- -
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or cultur
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ed if the
equir
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c
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or a legal authorization document shall be r
/h
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ot is described
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h
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,
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e f
uyer
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f
eller as a work cr
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e B
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༈ ቱ ಛ ʔ ࠇ л ࢹ d ש ር ϓ ʹ ˚ ܝՇϋ ֠ ͊ ՟ Ϋ ٙ ቱ ಛ ί ϔ ৰ ሗਖ਼ุᙒ፶ࢪԫ΋Ꮸ᜕f the Hammer Price, the Buyer's Commission, other Buyer's Seller is a legal entity or any other organization, which shall ated or produced durin g that time frame or cultur e;
༈ቱಛʔࠇлࢹdשርϓʹ˚ܝՇϋ֠͊՟Ϋٙቱಛίϔৰ
ated or produced during that time frame or culture;
Commis
shall

P
mmer
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e
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e
Buyer
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ri
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ganization, which

other
on
,
eller is a legal entity or an
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si
ୋɖɤɓૢ
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޴ᗫක˕ܼ̍جܛ൬͜ܝ͉͟ʮ̡πɝ࠰ಥجࢬf
E
e to
xpenses
sign a consignment auction contract with the Compan
iii.A work of a particular origin or source, if the Lot is de-
g from its failur
and all Buyer's
xpenses
arisin
ୋ̬௝ Չ˼ ͉஝ۆ͉͟ʮ̡Փࠈձࡌҷd޴Ꮠوᛆᓥ͉ʮ̡הϞf͊຾ E Expenses and all Buyer's Expenses arising from its failure to sign a consignment auction contract with the Company. y . iii.A w ork of a par ticular origin or source, if the L ot is de -
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l
er
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gn
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perform its obligations;
s
c
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on
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c
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.
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gn
uc
scribed by the Seller as a work of that origin or source; or
t a
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th
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h
e S
ୋʬɤૢ
ୋʬɤૢ Ϟࠢڭᗇ ͉ ʮ ̡ ԫ ΋ ࣣ ࠦ ஢ ̙ d ΂О ɛ ʔ ੻ ˸ ΂О ˙ ό א ˓ ݬ d л ͜ perform its obligations; s" me ans costs and e xp e nse s in 3.When the Seller signs a consignment auction contract t scribed b y the S eller as a work of that origin or source; or a
Ϟࠢڭᗇ
͉ʮ̡ԫ΋ࣣࠦ஢̙d΂Оɛʔ੻˸΂О˙όא˓ݬdл͜

ed
iv
iv.A work created or crafted or reﬁned or restored through a
estor
ned

through
or
craft
work
r
ed
or
or
.A
eﬁ
cr
eated
r
y
n
th
,
(13)"Buyer's Expenses" means costs and expenses in
(13)"Bu
y
w
with the Company, the Company shall be automatically au-
a
be a
l
l
h
pa
e Com
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n
y a
th
xp
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th
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e
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e Compa
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i
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Бል
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ɓ ͉ʮ̡࿁൯࢕౤Զʘɓছڭᗇjν͉ʮ̡ה̈ਯʘשር ୋʬɤɚૢ ༟ࣘમණe፽ᅂ ͉஝ۆᐏ՟ਠุлूd͵ʔ੻࿁͉஝ۆʘ΂О௅ʱආБል r relation to sale of the Lot by the Company, including but thorized to make pictures, illustrations, catalogues, or other particular process or manner, if the Lot is described by the
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̈
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an
es, illustrations, catalogues, or other
p
Comp
y the
ut
e
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d b
ar
, if the L
, inclu
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g
ot is de
of t
ticular p
thorized to mak
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ion to sale
he L
lat
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y
he
t
e
e pictur
ఱ຾ᐄ͉ʮ̡ٙשርุਕ˙ࠦd͉ʮ̡̙ঐ࿁΂Оשርཀ೻ආ
Ⴁeෂ৔אᎷπ׵̙Ꮸ॰ӻ୕ʕf
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d
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ۜՉܝ஗೯ତމᑐۜd࣬ኽ͉஝ۆʘૢಛd͉ʮ̡ਗ਼՟ऊ༈ ఱ ຾ ᐄ ͉ʮ̡ ٙ ש ር ุ ਕ ˙ ࠦ d ͉ ʮ̡ ̙ ঐ ࿁ ΂ О ש ር ཀ ೻ ආ Ⴁ e ෂ ৔ א Ꮇπ׵ ̙ Ꮸ ॰ ӻ ୕ ʕ f not limited to insurance policies, packing, moving, storage, video images of the L ot . S Seller as a work created through that process or manner. .
ତ
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g, movin
video images of the Lot.
eated through that process or manner
in
eller as a work cr
not limited to insurance policies, pack
g, storage,
Б፽ࠪe፽ᅂʿা፽d͵ცࠅΣᘩҳɛฤණࡈɛ༟ࣘאΣୋɧ
ʹ ׸ d Ԩ ਗ਼ ൯࢕ ఱ ༈ ש ር ۜ ˕ ˹ ʚ ͉ ʮ ̡ ʘ ໝ ࿽ ᄆ ஹ Ν ൯࢕ Б ፽ ࠪ e ፽ ᅂ ʿ া ፽ d ͵ც ࠅ Σ ᘩ ҳ ɛ ฤ ණ ࡈ ɛ༟ ࣘ א Σ ୋ ɧ c custody for the Lot, any expenses of testing, investigation, , b)In the case of jewellery and timepieces, in addition to 7(a)
ʹ׸dԨਗ਼൯࢕ఱ༈שርۜ˕˹ʚ͉ʮ̡ʘໝ࿽ᄆஹΝ൯࢕
in addition to
b)In
ti
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y e
and timepieces,
es
7(a)
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case of jeweller
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f
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Щږd˸ࡡʹ׸ʘ஬࿆ৗᒔʚ൯࢕fఱϤϾԊd࣬ኽ͉ʮ̡Υ
Щږ d ˸ࡡ ʹ ׸ ʘ ஬ ࿆ ৗ ᒔ ʚ ൯ ࢕ f ఱ Ϥ Ͼ Ԋ d ࣬ ኽ ͉ ʮ ̡Υ ˙॰՟Ϟᗫᘩҳɛٙ༟ࣘԷνΣვБ॰՟ڦ͜ᄲࣨfவԬ ୋɖɤɚૢ ቇࣛ͜ಂ queries or authentication r elated to the L ot at the r equest of AR TICLE 6 THE SELLER 'S A G ENT above, the Lot is crafted in the manner as described by the
ARTICLE 6 THE SELLER'S AGENT

described
queries or authentication related to the Lot at the request of
in
as
the
manner
ot
L
craft
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above,
b
y

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d
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ଣ ʘ จ Ԉ d ᑐ ۜ ܸ ͷ Ⴁ ۜd ಜ ᗺ Ъ ۜ ̈ ஈ e Ⴁ ி ٫ eࡡ ପ ή e ༟ࣘึ͉͟ʮ̡ஈଣԨ˲ڭ੗dਬϞᗫ༟ࣘϞ̙ঐ౤Զഗ͉ʮ ͉஝ ۆ ̥ ቇ ͜ ׵ ͉ ϣ ש ር d ͉ ʮ ̡ ̙ ʔ ࣛ һ อ ͉஝ ۆ d ᘩ ҳ ɛ the Buyer or an y additional costs and legal e xpenses to brin g 1. W h en a rr a n gin g f or th e c ons i gnment of th e L ot to th e Seller, out of the particular materials as described by the
ଣʘจԈdᑐܸۜͷႡۜdಜᗺЪۜ̈ஈeႡி٫eࡡପήe
, out of the par
S
y the
͉஝ۆ̥ቇ͜׵͉ϣשርd͉ʮ̡̙ʔࣛһอ͉஝ۆdᘩҳɛ
1.When arranging for the consignment of the Lot to the
eller
the Buyer or any additional costs and legal expenses to bring
ticular materials as described b
̡e͉ʮ̡ٙʱ௅eڝ᙮ʮ̡eɿʮ̡˸՘п͉ʮ̡މᘩҳɛ౤
e
ɪ
d
ʷ
ϋ
˚ಂeପ̈ϋᅰeϋಂeۜ၇e˖ʷאԸ๕ഃ΢˙ࠦdϾɪࠑ ̡ e ͉ʮ̡ ٙ ʱ ௅ e ڝ ᙮ ʮ̡ e ɿ ʮ̡ ˸ ՘ п ͉ʮ̡ މ ᘩ ҳ ɛ ౤ ձ൯࢕ਞၾ̤ɓϣשርٙࣛࡉᏐ˸຅ࣛቇุٙ͜ਕ஝ۆމ๟f claims against a defaulting Buyer; Compa n y f or a uc tion, the S eller's Agent sha l l submit to the S Seller, and had underwent no restoration processes other
ࠑ
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၇
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ಂe
Ը
e
went no r
claims against a defaultin
eller
Company for auction, the Seller's Agent shall submit to the
g Buyer;
, and had under
estoration processes other
ࣛࡉ
ϣ
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ɓ
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ש
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f
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Զ
d
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א
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Զ
Б
ഛٙ
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ʱ
ɛ
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y the r
than those stated by the Seller; and
dential minimum sellin

1
cates includin
"R
eser

4
)
ant authorization cer
elev
tiﬁ
΢ ධ ʘ ͍ ᆽ ౜ ࠑ Ԩ ೌ ϗ ፽ ׵ ͦ ፽ ʫ ࢙ Ͻ ᅇ ΂ О ਖ਼Ϟ൚ ค f Զҁഛٙ؂ਕeආБ܄˒ʱؓdא˸ک౤ԶୌΥᘩҳɛࠅӋٙ ( (14)"Reserve" means the conﬁdential minimum selling price for Company the relevant authorization certiﬁcates including: g: than those stated b y the S eller; and
g price for
΢ධʘ͍ᆽ౜ࠑԨೌϗ፽׵ͦ፽ʫ࢙Ͻᅇ΂Оਖ਼Ϟ൚คf

ve" means the conﬁ
Compan
؂ਕfމəᘩҳɛٙᛆूd͉ʮ̡͵̙ঐცࠅΣୋɧ˙؂ਕԶ

ot
ࡌ
above, the L
ۜ
ҷ
א
ۜʿ

c)In
addition to 7(a)
א΂
ᗳ
ܼ
О
ۜ
ש
שርۜʘ΂Оฦ์א΂Оᗳۨʘూࡡۜʿ אࡌҷܼۜ̍ ؂ਕ f މ ə ᘩ ҳ ɛٙ ᛆ ू d ͉ ʮ ̡ ͵ ̙ ঐ ც ࠅ Σ ୋ ɧ ˙ ؂ਕ Զ ୋɖɤɧૢ ༆ᙑᛆ the L ot that the S eller has conﬁ rmed with the Compan y; 2.A v alid identity document if such Agent is a natural per son; c)In the case of gemstones, in addition to 7(a) above, the Lot
ʘ
the Lot that the Seller has conﬁrmed with the Company;
ฦ
์
2.A valid identity document if such Agent is a natural person;
΂
̍
ూ
О
ࡡ
ር
the case of gemstones, in
ۨ
ʘ
ୋɖɤɧૢ
༆ᙑᛆ

ᏐਠԷν୵༶ʮ̡אπࡑʮ̡౤Զᘩҳɛٙ௅΅ࡈɛ༟ࣘf
of
a
A
e
of

incorporation

tiﬁ
.
3
cate
L

ot
ࠠอ෩ဒאίՉɪ෩ဒdʔᏐൖމᑐۜfᔫሗءจν೯͛
ࠠ อ ෩ ဒ א ί Չɪ ෩ ဒ d ʔ Ꮠൖ މ ᑐ ۜ f ᔫ ሗ ءจ ν ೯ ͛ Ꮠ ਠ Է ν ୵ ༶ ʮ̡ א π ࡑ ʮ̡ ౤ Զ ᘩ ҳ ɛ ٙ ௅ ΅ ࡈ ɛ ༟ ࣘ f ͉ ஝ ۆ ٙ ༆ ᙑ ᛆ ͟ ͉ʮ̡ Б Դ f (15)"Estimate" means the estimated selling price of a Lot 3.A valid certiﬁcate of incorporation and proof of shareholding if had under gone no beautiﬁ cation processes other than those
pric
proof
(15)"
had undergone no beautiﬁcation processes other than those
te"
stima
E
g
if
cer
of
shar
eholdin

sell
ted
estima
g
v
in
and
ns
mea
alid
e
th
͉஝ۆٙ༆ᙑᛆ͉͟ʮ̡БԴf
ʮ
ᘩҳ
ɛ
͉
Ν
ር
f
ਞ
ࠑ
ש
ၾ
ᘩ
ڌ
у
d
ν
̡
ɪ
ɛ
จ
ͪ
ٙ
ה
ᘩҳ
˖
˸ɨ΂Оɓ၇ઋرd͉ڭᗇਗ਼ʔቇ͜jͦ፽ʫ࢙ɗ࣬ኽኪ٫
˸ ɨ ΂ О ɓ ၇ ઋ ر d ͉ ڭ ᗇ ਗ਼ ʔ ቇ ͜jͦ ፽ ʫ ࢙ ɗ ࣬ ኽ ኪ ٫ ᘩҳɛਞၾ͉ʮ̡ٙשርdуڌͪᘩҳɛΝจɪ˖הࠑfνᘩ

179 180 181 182 183 184 185 186 187 188 189