Terms and conditions

1. The goods remain the property of Biowrap Limited until payment is made in full.
2. Credit Period. Accounts are due for payment 14 days after the end of the month during which the goods are delivered.
3. Interest Charges. Interest will be applied to overdue accounts at the rate of 1.5% per month or part thereof, compounded with interest to be applied with effect from the date by which the invoice should have been paid by reference to clause 2 above.
4. Withdrawal of Credit facilities: Biowrap Limited reserves the right to withdraw credit facilities and demand immediate payment of outstanding accounts in respect of this and any other Contract between the Company and the Customer.
5. Variations to Contract Terms and Conditions: The terms and conditions of this or any other Contract cannot be varied by any employee of the Company. Any variation to these terms and conditions shall have no effect unless recorded in writing and signed by a Director of the Company.