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provisions agreed among the Seller, the Buyer and/or Poly
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൬͜ѩ͟൯࢕וዄi ̬ ϞᗫʕГΤৢe঩໢ ͉ʮ̡ڭव৤ઋᛆ͉ܲڭᗇШ˸ ๫ ˪ eྡ ͪ eྡ ፽ א Չ ˼ Җ ό ٙ ᅂ ྅ Ⴁ ۜ ձ ܁ ෂ ۜ ٙ و ᛆ f Ϟ acc ept in full and bound b y these Conditions of Business, 2.ﬔe Seller has, to the best of its knowledge, made full, com-
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AR
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plete and accurate disclosure and description to the Com-
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In these Conditions of Business, the following terms shall
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̡ΪՉ༼ߒிϓٙɓʲฦ̰dܼ̍Шʔࠢ׵Ϊ൯࢕፰˹אל˹ ঩໢שርۜʘʹ׸iʊ˹ʘಛධ͉ܲૢ஝֛jৗᒔʚ൯࢕dШ ɛ ʔ ੻ Դ ͜ f ͉ʮ̡ ʿ ር ࢕ ѩ Ԩ ͊ Ъ ̈ ש ር ۜ ݊ щ ա و ᛆ ה In these Conditions of Business, the followin g terms shall and perform the obligations provided herein. pany with respect to the origin and any ﬂaw of the Lot and
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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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Conditions of Business, a Seller shall include any of its
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the Company shall be settled in accordance with these
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does business as well as under the laws of Hong Kong, the
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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. la w s of the E uropean U nion, the la w s of E n gland and W ales
ʫʥ͊Ꮅ૶הϞ˞˹ಛධٙઋرɨஈʱवໄيfஈʱवໄيה
Conditions of Business.
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laws of the European Union, the laws of England and Wales
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ɖ ͉ʮ̡Ϟഒ࿁৤ઋӔ֛ᛆ࿞ቖאΝจ։ৄɛ࿞ቖʹ׸d ଣ Ӊ ᜷ ஷ ٝ ਗ਼ ஗ מ ᚣ ༟ ࣘ ٙ ɓ ˙f other or ganization w ho or w hic h consider s, ca rries out or owned (nor partly owned) or controlled by such sanctioned
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TICLE 4 SPE
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ARTICLE 4 SPECIAL NOTICE
s
a
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൯࢕ʿር࢕ѩცוዄʹ׸הऒʿܼ̍Шʔࠢ׵຾᏶eجܛe

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Ԩלഒ༈གྷಂ˹ಛ൯࢕౤̈ٙ˹ಛሗӋe౤஬ሗӋdԨڭव ୋʬɤɓૢ तࣿژᗳ ൯ ࢕ʿ ር ࢕ ѩ ც ו ዄ ʹ ׸ ה ऒ ʿ ̍ ܼ Ш ʔ ࠢ ׵ ຾ ᏶ e جܛ e a 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 per son(s) (collectively , "S anctioned P er son(s)");
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Bidders and Buyers participating in any auctions organized
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৛॰Ϊ࿞ቖ༈അʹ׸ߧԴ͉ʮ̡הႆաΌ௅ฦ̰ٙᛆлi ɓ मᘒᗳשርًۜٙر௓ࠑஷ੬ึ༱׵ྡ፽ɪd್ϾӚ ೼ ਕ ʿ ഐ ၑഃ ٙ ޴ ᗫ ப ΂ d Ԩც ᆽ Ⴉ ʹ ׸ ʔ π ί ݹ ፺ א л a Bidder shall include any of its agents unless as otherwise by the Company shall carefully read and be abided by these 4. ﬔ e L ot is not connected with nor has an y link to nor is de -

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y the Compan
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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; C Conditions of Business; Bidders and Buyers shall read the rive d fro m an y criminal activit y , includ in g withou t limitat ion
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Buy
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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 limiting the Company's liabilities and disclaimers ta x ev asion, money launderin g, terrorist activities or other
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Ԉٙઋرdɓ฿ܝ؈ၾ͉ʮ̡ೌᗫf
ᄆfࡡ൯࢕ৰᏐ຅˕˹ୋɓϣשርʕ൯࢕ʿር࢕Ꮠ຅˕˹ٙЩ
ᄆ f ࡡ ൯࢕ ৰ Ꮠ ຅ ˕ ˹ ୋ ɓ ϣ ש ር ʕ ൯࢕ ʿ ር ࢕ Ꮠ ຅ ˕ ˹ٙ Щ ঐ ຾ ཀ ߕ ʷ ஈ ଣ א ҷ Ԅ̮ᝈ d ̍ ܼ ̋ ᆠ e ɪ ذ ʿ ׳ ࢛ ഃ f வ Ԉ ٙ ઋ ر d ɓ ฿ ܝ ؈ ၾ ͉ʮ̡ ೌ ᗫ f r recognized by an Auctioneer as the highest bid for that Lot in contained in these Conditions of Business carefully. Bidders criminal activity, and the Seller is neither under investiga-
ঐ຾ཀߕʷஈଣאҷԄ̮ᝈdܼ̍̋ᆠeɪذʿ׳࢛ഃfவ
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ږʿՉ΢ІࠋபٙՉ˼΢ධ൬͜ԨוዄΎϣשርא˸Չ˼˙
Ԭஷ੬ٙ˙جʊ຾މ਷ყमᘒБุהႩ̙dШ݊຾ཀஈଣٙ
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 b y the Compan y , includin g 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
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ό̈ਯ༈שርۜהϞ൬̮͜d߰ΎБשርא˸Չ˼˙ό̈ਯ༈
̙ঐ
ό ̈ਯ ༈ ש ር ۜ ה Ϟ ൬ ͜ ̮ d ߰ Ύ Б ש ር א ˸ Չ ˼ ˙ ό ̈ਯ ༈ 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, ta x ev asion, money launderin g, terrorist activities
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original Lot in person, and bear legal liabilities for their acts
limitation, tax evasion, money laundering, terrorist activities
behalf of which such Bidder acts;
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שርۜה੻ٙᄆಛЭ׵ࡡשርᄆಛdࡡ൯࢕Ꮠ຅໾ԑࢨᕘi ͉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 any commission that of bidding the Lot. . or other criminal activity;
ᘩҳɛʿ൯࢕ѩᏐਗ਼Չո֛Ϟࣖٙஷৃήѧձᑌഖ˙ό˸
y commission that
g the L
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ot
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ɘ ਗ਼͉ʮ̡ί΂ОՉ˼ʹ׸ʕ˞˹൯࢕ʘಛධתቖ൯࢕ ݔ΁שርۜʊ຾੽਷ყႩ̙ٙᘒͩྼ᜕܃՟੻ᛡ֛జѓd͉ ᘩҳ೮া˖΁אՉ˼͉ʮ̡Ⴉ̙ٙ˙όѓ͉ٝʮ̡d߰Ϟҷ a Buyer shall pay to the Company calculated at the rate U Upon the Auctioneer confirms the Bidder's bid by striking g 5 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 ᜊ d Ꮠ ͭ у ࣣ ࠦ ѓ ٝ ͉ʮ̡ f speciﬁ ed her ein of the Hammer P rice for the L ot that such his/her hammer or in any other manner publicly indicating g the Seller shall guarantee the compliance with the laws of its
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ɤ ͉ʮ̡̙ІБӔ֛ਗ਼൯࢕˕˹ٙ΂Оಛධ͜׵૶Ꮅ൯ ٙࢨମd࿁ݔᘒͩ݊щ຾ཀஈଣeஈଣٙ೻ܓאஈଣ݊щՈ ͉ ஝ ۆ ʕ ה ౤ ʿ ʘ ஷ ٝ d ස ܸ ˸ ڦ Ռ א ෂ ॆ Җ ό ೯ ̈ ٙ ࣣ ࠦ Buyer purchases; confirmation of the purchase in any auctions organized by origin, and ensur e the completion of the e xpor t and impor t pro-
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Buyer purchases;
origin, and ensure the completion of the export and import pro-
ganized b
confirmation of the purchase in an
y auctions or
y
࢕˞˹͉ʮ̡ᗫ׵שርۜאՉ˼ʹ׸ʘ΂Оಛධi
Ϟ͑ɮ׌dே̙ঐܵʔΝจԈf͉ʮ̡ʔึ࿁΢ྼ᜕܃̈Ո
࢕ ˞ ˹ ͉ʮ̡ ᗫ ׵ ש ር ۜ א Չ ˼ ʹ ׸ ʘ ΂ О ಛ ධ i Ϟ͑ ɮ׌ d ே ̙ঐ ܵ ʔ Ν จ Ԉ f ͉ ʮ ̡ ʔ ึ ࿁ ΢ ྼ ᜕ ܃ ̈ 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 Company, the contract for sale regarding the Lot shall cedur es and notify the Compan y in writin g; and
ஷٝf༈ഃஷٝίɨΐࣛගൖމ৔༺j
eller
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ot shall
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y
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must
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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 S er vic es Or dinanc e, the F ood S af ety Or dinanc e and
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(7)"Auction Date" means the date on which an auction is
Municipal Services Ordinance, the Food Safety Ordinance and
˸ϗΫ˞ಛdאఱ൯࢕༼ߒ͡॰ฦ࢔ሦᎵʿ͡॰جܛ൬͜f
˸ ϗ Ϋ ˞ ಛ d א ఱ ൯ ࢕ ༼ ߒ ͡॰ ฦ ࢔ ሦ Ꮅ ʿ ͡॰ ج ܛ ൬ ͜ f జѓdϾ޴Ꮠᛡ֛൬͜ც͟ᘩҳɛוዄf formally held, as announced by the Company in its public and assume the obligations provided by applicable laws and/ / the Protection of Endangered Species of Animals and Plants
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forma
ed Species of Animals and Plants
ob
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ᘒ
ݔ΁ᘒͩשርۜٙПᄆɗఱ຅Սʊٝ઄ʘהϞ༟ࣘϾЪ̈d ୋʬɤɞૢ ̙ʱ௲׌ notice. In case of any discrepancy between the actual date or these Conditions of Business. Any party that fails to perform Ordinance the Endangered Species of Wild Animals and Plants),

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ty that fails to perform
notice. In case of an
dinance the E
y par
Or
epancy between the actual date
y discr
ed Species of W
ger
ndan
ild Animals and Plants),
or these Conditions of Business. An

ַಂ౤՟שርۜʘ໾હ˙ج
ᘩҳɛᏐ׵שርۃІБᄲ޶שርۜאఱשርۜਂ༉းə༆d
ୋʞɤɘૢ
ୋʞɤɘૢ ַಂ౤՟שርۜʘ໾હ˙ج ᘩ ҳ ɛ Ꮠ ׵ שር ۃ І Б ᄲ ޶ שር ۜ א ఱ שር ۜ ਂ ༉ း ə ༆ d ν͉ ஝ ۆ ʘ ΂ О ૢ ಛ א ௅ ʱ Ϊ ΂ О ଣ ͟ ஗ Ⴉ ֛ މ ೌ ࣖ e ʔ Υ and the announced date of an auction, the actual date shall obligations shall bear its/his/her corr espondin g legal liabilities. ensure and disclose to our Company that it has any license
and the announced date of an auction, the actual date shall
obligations shall bear its/his/her corresponding legal liabilities.
y license
ensur
e and disclose to our Compan

y that it has an
ν͉஝ۆʘ΂Оૢಛא௅ʱΪ΂Оଣ͟஗Ⴉ֛މೌࣖeʔΥ
ᘩҳɛɓ͇ਂ̈ᘩҳdуൖމՉટա༈ഃשርۜʘΌ௅ତًf
ail;
ev
an
or qualiﬁcation registration to possess, disposal or sale of the
y amend these Conditions of Business for a
y
ma
T
pr
he Comp
߰൯࢕͊ঐίשርϓʹ˚ўϓʹ˚ৎɖ˚ʫ౤՟Չᒅ੻
߰ ൯ ࢕ ͊ ঐ ί ש ር ϓ ʹ˚ ў ϓ ʹ˚ ৎ ɖ ˚ ʫ ౤ ՟ Չ ᒅ ੻ ᘩ ҳ ɛ ɓ ͇ ਂ̈ ᘩ ҳ d у ൖ މ Չ ટ ա༈ ഃ ש ር ۜʘ Ό ௅ ତ ً f جאʔ̙ੂБd͉஝ۆՉ˼ૢಛא௅ʱʥ್Ϟࣖd޴ᗫ΢˙ prevail; The Company may amend these Conditions of Business for a or qualiﬁ cation r egistration to possess, disposal or sale of the
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ate" means, in an auction held b
particular auction by posting announcements at the auction site or
(8)"S
ale D
y
y the Compan
auctioned item required by the laws of Hong Kong. ﬔe Seller
ር
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ٙשርۜdۆ͉ʮ̡Ϟᛆમ՟˸ɨʘɓ၇אε၇ણ݄j ͉ʮ̡౤፴ᘩҳɛءจd๕Іᇚӳٙᘒͩאၰၯd̙ঐึ Ꮠ຅ ፭ ς e ੂБ f (8)"Sale Date" means, in an auction held by the Company, , par ticular auction b y postin g announcements at the auction site or auctione d ite m r e q uir e d b y the la ws of Hon g K on g . ﬔ e S e lle r
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should ensur
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in
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the date on which the auctioneer concludes a contract for
y to mak
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ҳ
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sale between a S
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y of hammer strik
for
g
or
in
eller and a Buyer b
the
to
the
additional
license
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ʔ

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ש
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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 additional license or permit to the relevant departments for the
ɓ
˚

׵
̍
ў
൬
ር
ୋʬɤɘૢ جܛʿ၍ᒍᛆ
ር
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͉ʮ̡
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ۜ
ر
ତ
ྡ
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׵
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፶
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auction, display, disposal or possession of the auctioned items,
or an
y other customar
TER II THE SELLER

g the sale;
y manner publicly conﬁ

CHAP
rmin
ɧɤɓ˚ৎܲᘩҳɛ೮াڌࣸٙ஝֛ࠇϗᎷπ൬ഃʿ אࠬ
ɧ ɤ ɓ ˚ ৎ ܲ ᘩ ҳ ɛ ೮ া ڌ ࣸ ٙ ஝֛ ࠇ ϗ Ꮇ π ൬ ഃ ʿ א ࠬ ͉ʮ̡ʊఱݔᙒ፶שርۜהٝٙତًࣛر௓ࠑ׵שርྡ or any other customary manner publicly conﬁrming the sale; CHAPTER II THE SELLER auction, displa y , disposal or possession of the auctioned items,
Չ
޴ᗫ
ԫ
͉஝ۆʿՉ޴ᗫԫ֝eʹ׸eΪԱ๫͉஝ۆਞ͉̋ʮ̡שር
e
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፽ɪdසԶᘩҳɛਞϽfΪεᅰᙒ፶ίϤۃԴ͜ಂʫேϞ஗
sig
nate
e
they should notify us in the written notice not less than two
er" me
d b
ctione
son d
t
A
"
ans an
r
u
p
y
(9)
he
e
y
ᎈѩ͟൯࢕וዄfί൯࢕νᅰ˕˹Ό௅ᒅ൯ᄆಛܝd˙̙౤՟
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 Ϊ ن Ա ᙄ ๫ ͉ ஝ۆ ਞ ̋ ͉ ʮ ̡ ש ር (9)"Auctioneer" means any person designated by the they should notify us in the w ritten notice not less than tw o
ݺਗ
О
ಥ
ݺਗϾˏৎאၾʘϞᗫٙ΂Оنᙄdѩա࠰ಥجܛ஝၍Ԩ͟
d
ܛ
ѩ
ա
ٙ
࠰
஝
΂
ج
ˏ
Ͼ
၍Ԩ
͟
ticular auction;
AR
Compan
OCEDUR
ࡌଣeڭቮഃٙ຾ཀd͉ʮ̡ʔڭᗇ΂Оᙒ፶ٙ΂Оཧ௅΁
months prior to the auction.
ONSIG
NMENT PR
TICLE 5 C
y to moderate a par
፩
͜
І
༶
൬
ש
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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ʿ
̈
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Б

ዄ
i
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࠰ಥجܛ༆ᙑf͉ʮ̡e൯࢕ʿᘩҳɛഃ޴ᗫ΢˙ѩ඲؂੽
޴
ɛ
൯
ᗫ
ʿ
ഃ
މࡡༀd̙ঐπίӚϞᙒᓖeᙒ࿽אᝌਚ̈ਯf
shall
W
(10)"Hammer P
so
S
guarantee
In
eller's
eller
hen arran

the
7.
ot at which the
gin
L
ot
g for the consignment of the S

is
ﬔ
ot to the
e
L
that
authentic.
rice" means the price for a L
ཀ
Չ
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ɚ ൯࢕Ꮠ࿁Չ൴ཀ͉஝ۆ஝֛ಂࠢ͊ঐ౤՟޴ᗫשርۜ މ ࡡ ༀ d ̙ ঐ π ί Ӛ Ϟ ᙒ ᓖ e ᙒ ࿽ א ᝌਚ̈ ਯ f ࠰ ಥ ج ܛ ༆ ᙑ f ͉ʮ̡ ᛆ e f ΂ ࢕ О ͟ ᘩ ࠰ ҳ ಥ ج ৫ ཯ ΢ ˙ 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.ﬔe Seller shall guarantee that the Lot is authentic. In so

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б
࠰ಥج৫ʘਬɓ၍ᒍᛆf΂О͟࠰ಥج৫཯бϞᗫ͉஝ۆ
࠰
ਬ
၍
ɓ
ᒍ
doin
ছՈ
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Ϟ
doing, the Seller guarantees:

੬
Auctioneer decides to sell the L

Auctioneer decides to sell the Lot by striking the hammer or
૛
y strik
ছ
eller guarantees:
ɓ
g the hammer or
ᕏ
g, the S
୚ል
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in
Company for auction:
ڢ
Compan
ၚ
ᙒ
ٙ
࿴
ி
̙
d
ঐ
ც

ot b
ࠅ
ɓ
y for auction:
Ͼ
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΂
൬
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Б
ዄ
တ
ࠢ
͜
f
ᎈ
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Ͼί༈ಂ֣ࠢတܝה೯͛ʘɓʲࠬᎈʿ൬͜ІБוዄப΂f ᙒ፶ɓছՈϞڢ੬ၚ୚ልᕏٙዚ૛࿴ிd̙ঐცࠅɓছ הˏৎٙنᙄʘкӔ͵̙׵ʕശɛ͏΍ձ਷੶ՓੂБf the agr eed sale price in the post-auction sale; 1.The Seller must present a valid identity document with a)ﬔ e L ot is not a counterf eit or for ger y of :
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ί
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f
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a)ﬔe Lot is not a counterfeit or forgery of:
i
th
S
e
i
ٙڭቮ؂ਕeһ౬ཥϫאආɓӉٙࡌଣʈЪdϾவԬே͟൯
doc
dentity
t
ell
w
en
um
d
a
ent
mus
v

1.
pr
es
t
er

T
i
h
l
a
the agreed sale price in the post-auction sale;
ν൯࢕Іϓʹ˚ўϓʹ˚ৎٙɧɤ˚ʫʥ͊౤՟שርۜٙd
ν ൯ ࢕ І ϓ ʹ˚ ў ϓ ʹ˚ ৎ ٙ ɧ ɤ ˚ ʫ ʥ ͊ ౤ ՟ ש ር ۜ ٙ d ٙ ڭ ቮ ؂ ਕ e һ౬ ཥ ϫ א ආ ɓ Ӊٙ ࡌ ଣ ʈ Ъ d Ͼ வ Ԭ ே ͟ ൯
)
i.
author
ale
,
ot
is
d
manufactur
e
y the government (e.g. r
lle
or
"P
" me
roce
y
ar
e
an
tist

to the S
er
of
work
the
1
ans the net amount due
,
if
࢕ࠋபf͉ʮ̡ʔڭᗇהשርٙ΂Оᙒ፶ே݊ίԄλ༶Ъً
L

esident identity car
ﬔ
1
eds of S
r
photo issued b
ۆ ͉ʮ ̡ Ϟ ᛆ ί ஷ ٝ ൯ ࢕ ܝ d ˸ ʮ ක ש ር א Չ ˼ ͉ʮ ̡ Ⴉ މ ࢕ ࠋ ப f ͉ ʮ ̡ ʔ ڭ ᗇה ש ር ٙ ΂ О ᙒ ፶ ே ݊ ί Ԅλ༶ Ъ ً ୋɖɤૢ ႧԊ˖͉ ( (11)"Proceeds of Sale" means the net amount due to the Seller, , photo issued by the government (e.g. resident identity card i.ﬔe work of any artist, author or manufacturer, if the Lot is
ۆ͉ʮ̡Ϟᛆίஷٝ൯࢕ܝd˸ʮකשርאՉ˼͉ʮ̡Ⴉމ
ୋɖɤૢ ႧԊ˖͉
son and sign a con-
or passpor
t) if the S
g th
eller is a natural per
bein
or passport) if the Seller is a natural person and sign a con-
being the Hammer Price less the Buyer's Commission, all expenses
tist
described by the Seller as to the work of that artist, author or
described
xpenses
e
e Ha
, author or
e l
mmer P
's Commission, a
ll
y the S
b
ri
eller as to the work of that ar
ess the Buyer
c
࿒fৰڢྡ፽ʕϞ౤ʿdҢࡁʔ౤Զᗇࣣf
Υ ቇ ٙ ˙ ό ʿ ૢ ΁ ̈ ਯ ༈ ש ርۜ d ஈ ໄ ה ੻ ί ϔ ৰ ͉ ʮ ̡Ϊ ࿒ f ৰ ڢ ྡ ፽ ʕ Ϟ ౤ ʿd Ң ࡁ ʔ ౤ Զ ᗇ ࣣ f and other amounts payable to the Company by the Seller; signment auction contract with the Company; y; manufactur er;
Υቇٙ˙όʿૢ΁̈ਯ༈שርۜdஈໄה੻ίϔৰ͉ʮ̡Ϊ
eller;
yable to the Compan
ᅰ
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Ϟ
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ε
y the S
and other amounts pa
ʿ
signment auction contract with the Compan
y b
ۨ
ዚ
manufacturer;
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፶ே
Ϊ
͂ක
੭

d
ሯඎ
Ϟ
͉஝ۆ˸ʕ˖މᅺ๟˖͉dߵ˖˖͉މਞϽ˖͉f
Ϥପ͛ʘΌ௅ฦ̰e൬̍͜ༀʿย༶൬͜e༶፩ʿڭᎈ൬͜e εᅰᙒ፶ேϞ஗͂කݟ޶ዚڃٙۨ໮ʿሯඎdΪϤ੭Ϟ ͉ ஝ ۆ ˸ ʕ ˖މ ᅺ ๟ ˖͉ d ߵ ˖ ˖͉ މ ਞ Ͻ ˖͉ f (12)"P urchase P rice" means the total amount pa yable b y 2.A v alid cer tiﬁ cate of incorporation, proof of shar eholdin g, ii.A work cr eated or produced within a par ticular time frame
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ii.A work created or produced within a particular time frame
(12)"Purchase Price" means the total amount payable by
2.A valid certiﬁcate of incorporation, proof of shareholding,
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f
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О
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d
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˖͉ν
̈ ྤ ൬e Ꮇ π ൬e ʮ ᗇ ൬ ഃ ܝ d ߰ Ϟ ቱ ಛ d ۆ ͟ ൯ ࢕ І Б ՟ Ϋ d ԣ˥̌ঐٙ፶ಠ̙ঐʔԑ੄ԣ˥d͉ʮ̡ܔᙄ൯࢕ίԴ͜ۃ ߵ˖˖͉νၾʕ˖˖͉Ϟ΂Оʔɓߧʘஈd˸ʕ˖˖͉މ๟f th e B uyer f o r h i s /h er /i ts pur c h a s e f o r ea c h L o t , i n c l ud i n g or a legal authorization document shall be r equir ed if the or cultur e, if the L ot is described b y the S eller as a work cr e -
̈ྤ൬eᎷπ൬eʮᗇ൬ഃܝd߰Ϟቱಛdۆ͟൯࢕ІБ՟Ϋd
or a legal authorization document shall be required if the
or culture, if the Lot is described by the Seller as a work cre-
the Buyer for his/her/its purchase for each Lot, including
ሗਖ਼ุᙒ፶ࢪԫ΋Ꮸ᜕f
༈ ቱ ಛ ʔ ࠇ л ࢹ d ש ር ϓ ʹ ˚ ܝՇϋ ֠ ͊ ՟ Ϋ ٙ ቱ ಛ ί ϔ ৰ ሗ ਖ਼ ุ ᙒ ፶ ࢪ ԫ ΋ Ꮸ ᜕f the Hammer Price, the Buyer's Commission, other Buyer's Seller is a legal entity or any other organization, which shall ated or produced during that time frame or culture;
༈ቱಛʔࠇлࢹdשርϓʹ˚ܝՇϋ֠͊՟Ϋٙቱಛίϔৰ
ri
mmer
S

Commis
Buyer
other
,
's
Buyer
eller is a legal entity or an
e
P
e;
ganization, which
th
c
ated or produced durin
Ha
e,
e
si
's
g that time frame or cultur
shall
y other or
th
on
ୋɖɤɓૢ
஝ۆوᛆהϞ
޴ᗫක˕ܼ̍جܛ൬͜ܝ͉͟ʮ̡πɝ࠰ಥجࢬf
޴ ᗫ ක ˕ ̍ ܼ ج ܛ ൬ ͜ ܝ ͟ ͉ʮ̡ π ɝ࠰ ಥ ج ࢬ f ୋɖɤɓૢ ஝ۆوᛆהϞ

g
E
e to
sign a consignment auction contract with the Compan
arisin
from its failur
xpenses
and all Buyer's
xpenses
E
iii.A work of a particular origin or source, if the Lot is de-
ୋ̬௝ Չ˼
ୋ̬௝ Չ˼ ͉ ஝ ۆ ͟ ͉ʮ̡ Փ ࠈ ձ ࡌ ҷ d ޴ Ꮠ و ᛆ ᓥ ͉ʮ̡ ה Ϟ f ͊ ຾ 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 -
͉஝ۆ͉͟ʮ̡Փࠈձࡌҷd޴Ꮠوᛆᓥ͉ʮ̡הϞf͊຾
W
si
perform its obligations;
c
men
s
c
c
gn
s
.
a
ti
i
on
a
el
en
l
er
tr
h
on
on
uc
gn
the S
scribed by the Seller as a work of that origin or source; or
t a
ୋʬɤૢ Ϟࠢڭᗇ
ୋʬɤૢ Ϟࠢڭᗇ ͉ʮ̡ԫ΋ࣣࠦ஢̙d΂Оɛʔ੻˸΂О˙όא˓ݬdл͜ perform its obligations; s" me ans costs and e xp e nse s in 3 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
ʮ
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d
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΋
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ti
e
or
h
eﬁ
.A
utoma
iv
th
ed

be a
nse
l
a
or
r
craft

e Compa
iv.A work created or crafted or reﬁned or restored through a
l
with the Company, the Company shall be automatically au-
e Compa
estor
w
eated
e
u-
y
r
th
y
ed
n
s E
work
th
i
through
cr
,
n
a
l
or
l

y s
ned
y a
(13)"Bu
(13)"Buyer's Expenses" means costs and expenses in
r'
xp
ୋʬɤɚૢ ༟ࣘમණe፽ᅂ
͉஝ۆᐏ՟ਠุлूd͵ʔ੻࿁͉஝ۆʘ΂О௅ʱආБል
ν
͉ʮ
࿁
̡
࢕
౤
൯
ਯ
͉ʮ
Զ
ʘ
j
ʘ
̡

ɓ ͉ʮ̡࿁൯࢕౤Զʘɓছڭᗇjν͉ʮ̡ה̈ਯʘשር ୋʬɤɚૢ ༟ࣘમණ e፽ᅂ ͉ ஝ ۆ ᐏ ՟ ਠ ุл ू d ͵ ʔ ੻ ࿁ ͉ ஝ ۆ ʘ ΂ О ௅ ʱ ආ Бል relation to sale of the Lot by the Company, including but thorized to mak e pictur es, illustrations, catalogues, or other particular process or manner, if the Lot is described by the
ɓ
ɓ
ᗇ
ש
ር
ڭ
ה
̈
ছ
an
y the
, inclu
ot is de
scrib
ticular p
e
e
t
Comp
ot b
din
ion to sale
g
thorized to make pictures, illustrations, catalogues, or other
y
d b
of t
he
r
y
rocess or manner
b
ut
p
, if the L
he L
lat
ar
ఱ຾ᐄ͉ʮ̡ٙשርุਕ˙ࠦd͉ʮ̡̙ঐ࿁΂Оשርཀ೻ආ
Ⴁeෂ৔אᎷπ׵̙Ꮸ॰ӻ୕ʕf
ۜՉܝ஗೯ତމᑐۜd࣬ኽ͉஝ۆʘૢಛd͉ʮ̡ਗ਼՟ऊ༈
ۜ Չܝ஗ ೯ ତ މ ᑐ ۜ d ࣬ ኽ ͉஝ ۆ ʘ ૢ ಛ d ͉ ʮ ̡ ਗ਼ ՟ 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. .
not limited to insurance policies, pack
g, storage,
in
video images of the Lot.
eller as a work cr
g, movin
eated through that process or manner
Σ
፽
͵ც
ɛ
e
ʿ
Σ
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ɧ
ฤ
፽
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d
Б
ࠅ
ණ
ɛ༟
া
א
ୋ
ࠪ
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ᘩ
׸
ۜ
ʚ
ʹ׸dԨਗ਼൯࢕ఱ༈שርۜ˕˹ʚ͉ʮ̡ʘໝ࿽ᄆஹΝ൯࢕ Б፽ࠪe፽ᅂʿা፽d͵ცࠅΣᘩҳɛฤණࡈɛ༟ࣘאΣୋɧ c custody for the Lot, any expenses of testing, investigation, , b)In the case of jewellery and timepieces, in addition to 7(a)
ਗ਼
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༈
ໝ
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Ν
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d
ር
Ԩ
7(a)
or
b)In
xpen
ti
th
ves
ot
ti
g, i
e L
n
in addition to
ti
us
on
tody f
n
tes
ga
the
y
, a
n
and timepieces,
y e
case of jeweller
es of
s
ვ
ᄲ
Б
ࣨ
Ԭ

Է
ࣘ
ڦ
f
ν
Σ
॰
͜
வ
՟
ҳ
˙
ᘩ
༟
॰
՟Ϟ
ɛ
ᗫ
ٙ
ୋɖɤɚૢ ቇࣛ͜ಂ
͉
׸
ኽ
ʹ
஬
Ԋ
ʮ
൯
࢕
ARTICLE 6 THE SELLER'S AGENT
ৗ
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f
ఱ
d
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Щږd˸ࡡʹ׸ʘ஬࿆ৗᒔʚ൯࢕fఱϤϾԊd࣬ኽ͉ʮ̡Υ ˙॰՟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
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queries or authentication related to the Lot at the request of
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༟ࣘึ͉͟ʮ̡ஈଣԨ˲ڭ੗dਬϞᗫ༟ࣘϞ̙ঐ౤Զഗ͉ʮ
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ଣʘจԈdᑐܸۜͷႡۜdಜᗺЪۜ̈ஈeႡி٫eࡡପήe ༟ ࣘ ึ ͟ ͉ʮ ̡ ஈ ଣ Ԩ ˲ ڭ ੗ d ਬ Ϟ ᗫ ༟ ࣘ Ϟ ̙ ঐ ౤ Զ ഗ ͉ʮ ͉஝ ۆ ̥ ቇ ͜ ׵ ͉ ϣ ש ር d ͉ ʮ ̡ ̙ ʔ ࣛ һ อ ͉஝ ۆ d ᘩ ҳ ɛ the Buyer or any additional costs and legal expenses to bring 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 S Seller, out of the particular materials as described by the
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eller
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y the
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͉஝ۆ̥ቇ͜׵͉ϣשርd͉ʮ̡̙ʔࣛһอ͉஝ۆdᘩҳɛ
ticular materials as desc
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˚ ಂe ପ ̈ ϋ ᅰ e ϋ ಂe ۜ ၇ e ˖ ʷ א Ը ๕ ഃ ΢ ˙ ࠦ d Ͼ ɪ ࠑ ̡e͉ʮ̡ٙʱ௅eڝ᙮ʮ̡eɿʮ̡˸՘п͉ʮ̡މᘩҳɛ౤ ձ ൯ ࢕ ਞ ၾ ̤ ɓ ϣ ש ር ٙ ࣛࡉ Ꮠ ˸ ຅ ࣛ ቇ ͜ ٙ ุ ਕ ஝ ۆ މ ๟ f claims against a defaultin g Buyer; Compa n y f or a uc tion, the S ell er 's Agent sha ll submit to the S Seller, and had underwent no restoration processes other
claims against a defaulting Buyer;
estoration processes other
, and had under
eller
Company for auction, the Seller's Agent shall submit to the
went no r
ձ൯࢕ਞၾ̤ɓϣשርٙࣛࡉᏐ˸຅ࣛቇุٙ͜ਕ஝ۆމ๟f
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4
than those stated by the Seller; and
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g price for
Company the relevant authorization certiﬁcates including:
ve" means the conﬁ
dential minimum sellin
΢ධʘ͍ᆽ౜ࠑԨೌϗ፽׵ͦ፽ʫ࢙Ͻᅇ΂Оਖ਼Ϟ൚คf
΢ 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 Compan y the r elev ant authorization cer tiﬁ cates includin g: than those stated b y the S eller; and
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alid identity document if such Agent is a natural per
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ot that the S
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sell
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ࠠอ෩ဒאίՉɪ෩ဒdʔᏐൖމᑐۜfᔫሗءจν೯͛ ᏐਠԷν୵༶ʮ̡אπࡑʮ̡౤Զᘩҳɛٙ௅΅ࡈɛ༟ࣘf ͉஝ۆٙ༆ᙑᛆ͉͟ʮ̡БԴf (15)"Estimate" means the estimated selling price of a Lot 3.A valid certiﬁcate of incorporation and proof of shareholding if had undergone no beautiﬁcation processes other than those
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