Terms and Conditions
Last updated: October 11, 2022
These Terms and Conditions (“Terms and Condition”, “Terms”, “Terms of Use”) and the other documents referred to in the Terms and Conditions govern all ways of you accessing and using the Central Bulllion SAAS [software as a service] Bullion Dealer Website Software (the “Client Service”).
In registering as a Client and using the Client Service you are deemed to accept in full and be bound by these Terms and Conditions.
Please read carefully and fully these Terms and Conditions and any other documents referred to within the Terms and Conditions, before using the Client Service.
Your continued access to and use of the Client Service is strictly on the condition that you have accepted and agree that you will fully comply with and be bound by the Terms and Conditions and any future amendments to the Terms and Conditions.
The Terms and Conditions apply to all clients, prospective clients, visitors, users and anyone else who accesses and/or uses the Client Service.
The last modification to the Terms and Conditions were made and posted on 11th October 2022.
If you do not agree with, or unwilling to or unable to comply fully with any part/s of these Terms and Conditions, then you may not access and/or use the Client Service.
The following terminology applies to these Terms & Conditions:
“Central Bullion Ltd” or “Central Bullion” or “Centralbullion” or “we” or “our” or “company” or “the company” or “us” means: Central Bullion Ltd, 10 Lower Thames Street, Billingsgate, London, EC3R 6AF. United Kingdom.
“Client” or “Central Bullion Client” or “you” or “your” means: yourself as an individual, or business entity, or company, or organisation who uses the Client Service.
“SAAS” means: the software as a service provided by Central Bullion Ltd.
“Client Service” means: the SAAS [software as a service] provided by “Central Bullion Ltd” which is the Multiservice Bullion Website Software.
“Company website” means: “centralbullion.net”.
“Demo Website” means: “centralbullion.com”.
“Central Bullion Ltd Domain Names” means: all domain names owned by Central Bullion Ltd including and not limited to: centralbullion.net, centralbullion.co, centralbullion.market, centralbullion.co.uk, centralbullion.uk, centralbullion.eu, centralbullion.info, centralbullion.org, centralbullion.com, centralbullion.gold.
“Client Website” means: the Bullion Dealer Website the client operates using the Bullion Dealer Website Software provided by Central Bullion Ltd as part of the Client Service.
“Client Account” means: the account created by the client to enable access and use of the Client Service.
“Website User” means: the users of the Client Websites.
“Client Contract” means:
(a) these Terms and Conditions (which may be amended at any time).
(b) any other contractual provisions that are uploaded to the Company Website.
(c) any other information in documents incorporated, or linked to, or referred to in the Terms and Conditions.
“KYC Verified” or “AML Verified” or “Verified” means: Clients who have been satisfactorily verified under the KYC (Know your Customer), AML (Anti-money Laundering) and Identity Verification Policy.
“Contract of Sale” means: the legally binding purchase agreement that automatically exists between a Central Bullion Ltd and a Client when the Client pays a Subscription Fee, or Website Customisation Fee, or Set-Up Fee.
“Agreement” means: the legally binding Agreement between a Client and Central Bullion Ltd when the Client accesses and uses the Client Service.
“Buyer” means: a Client who makes a purchase from Central Bullion Ltd.
“Subscription” means the monthly payment that a Client pays to Central Bullion Ltd for use of the Client Service which is billed in advance on a Billiong Cycle.
“Billing Cycle” means: the regular periodic basis when you make payment to Central Bullion Ltd for use of the Client Service. Billing cycles are set on a monthly basis.
“Seller” means: a Central Bullion Ltd who sells SAAS to a Client.
“Payment” means: a payment of funds/currency by a Client to Central Bullion Ltd.
“Bullion” means: precious metal bullion bars, rounds or coins.
“Client Material” means: all text and images uploaded for public viewing by the Client.
“Intellectual Property Rights” means: any intellectual property (IP) rights, existing worldwide and the subject matter of such intellectual property rights, including, but not limited to:
(a) copyright, trademarks, patents, registered designs, design patents, unregistered designs, unregistered trademarks and any rights to have confidential information.
(b) any applications, or rights to apply for the registration of any of the rights referred to in (a), whether or not such rights are existing under any laws, at common law or equity, or registered or capable of being registered.
“Dispute Resolution Process” means: the process that is followed by Users as a Buyers and/or Sellers in accordance with Dispute Resolution Services.
1: The Applicability of these Terms & Conditions of Use
These Terms and Conditions form a legally binding agreement (the ‘Agreement’) between Central Bullion Ltd (Us) and you (the Client).
If there is conflicting information between the English version of these Terms and Conditions and the other language versions, the English version prevails. Any (legal) Terms and Concepts used in these Terms and Conditions will, however, be interpreted according to English Law.
2: Our other applicable policies
The following rules, policies and information apply to all Clients and anyone else who accesses and uses the Client Service:
2a. Prohibited Items. If you are a Client, these rules and information applies to you.
2b. Supported Countries and Payment Methods. If you are a Client, this information applies to you.
2c. Privacy Policy. Protecting your personal information is of utmost importance to us and in our Privacy Policy you can read how we process your personal information.
Read our Privacy Policy…
By accessing and using the Client Service, you agree that your personal information can be used for the purposes described in our Privacy Policy.
2d. Cookies Policy. As is common practice with almost all professional websites and mobile applications, we use cookies on the Central Bullion websites. In our Cookies Policy you can read about cookies and how we use them.
Read our Cookies Policy…
3: Third Party Service Providers
The Client Service bullion dealer website software contains links to third party websites (not owned by Central Bulion Ltd) and makes use of the supplementary services by those companies for services such as, but not limited to: Banking, Currency Exchange, Payment Service Providers, KYC and AML Verifying Services, Personal Identification Service Providers, Storage and Delivery, Live Bullion Market Prices. The use of any such services, products or websites or applications are governed by and subject to the Terms and Conditions and Privacy Policies of the third party service providers.
We have no control over and assume no responsibility for, the content, function, reliability, privacy policies, or practices of any third party web sites or services. By accessing and using the Client Service you acknowledge and agree that we shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by, or in connection with, use of or reliance on any such content, goods or services available on or through any such web sites or services.
We strongly advise you to read the Terms and Conditions and privacy policies of any third-party web sites or services that are linked to, or integrated within the Client Service bullion dealer website software.
4: Your Client Account
You may use all features of the Client Service that are available to you as part of your chosen Subscription Plan after you have successfully completed all steps required to create your Client Account.
Clients must be minimum 18 years old and are required to agree with and comply with the rules of use of your Client Account and to complete the process to create your Client Account which includes: Personal and Business Identification and Verification to comply with our legal requirements and Anti-money Laundering Regulations.
The rules for the use of your Client Account are described below:
4a. You must provide truthful and accurate information about yourself and your company or organisation when creating your Client Account. If you use false information or impersonate another person or company, your Client Account will be terminated and closed and any funds that you paid for creation of the Client Account may be permanently withheld from you. In addition your details may be reported to appropriate authorities on request. It is your sole responsibility to keep your personal and company information up to date at all times and you understand and accept that Central Bullion Ltd is entitled to rely on the accuracy of the details supplied by you.
You understand and accept that your failure to maintain your contact details correctly may negate some of the protections in your Client Account. You hereby indemnify and keep indemnified Central Bullion Ltd against any losses or damages of any kind which arise out of your failure to maintain and keep your contact details up to date and correct.
4b. When you choose a Username for your Central Bullion User Account it must not be considered to be offensive or vulgar and must not infringe on the intellectual property rights of third parties or in any other way violate the Terms and Conditions.
4c. It is your sole responsibility to keep your Username and Password secret and only known to you at all times. You agree and accept that you are solely responsible for any activity or actions related to your Client Account which has been accessed using your Username and Password, whether your password is with the Central Bullion Client Service of a third-party service.
You agree that you must and will notify us immediately upon becoming aware of any breach of security or unauthorized use of your Client Account.
4d. Your personal information including any financial data held in your Client Service, is protected from unauthorized access by your own ‘Secret’ Password created by you, which is your sole responsibility to keep secret from anyone else.
4e. You understand and accept that there is a procedure which must be followed and completed to re-set your Password when you want to change it or if you have forgotten it. In creating a Client Account you accept that to re-set your password you must follow and complete the procedure. You also accept that when you request that a Password is re-issued, that during the process you will not have access to your Client Service Admin Panel.
4f. You must provide the appropriate (ID) Identification Documents to comply with the 2007 Money Laundering Regulations.
4g. To ensure Client Services remains safe and trustworthy for all Users, we reserve the right to: (a) Deny you the ability to create a Client Acount, (b) Restrict, limit or deny the use of your Client Account, (c) Terminate and Close your Client Account.
4h. In the event that your Client Account is restricted or terminated and closed, we also reserve the right to restrict or terminate and close any other Client Accounts that we determine, that in our opinion, belong to or are linked to you. If you do not agree with the restriction or termination and closure of a Client Account, you will bear the burden of proof that the relevant Client Account/s are not connected to you. Following termination and closure of your Client Account, you are prohibited from registering another Client Account or accessing and using a Client Service by using any other persons Client Account.
5: Country Restrictions
The Central Bullion Client Services may not be available to Clients residing in certain Countries.
We reserve the right to prohibit and restrict Clients from creating and using a Client Account if the Client resides in a prohibited Country. Countries may be added to the prohibited Country list, in which case Clients who reside in those Countries will be informed.
You are obliged to comply with all applicable UK, European and International laws, acts, treaties or regulations regarding the purchasing and/or selling of Bullion.
6: Anti-money Laundering and Personal Identification
Central Bullion Ltd has strict (AML) Anti-Money Laundering and Counter-Terrorism Financing Systems and Controls in place.
Read more about our AML Policy…
You understand and accept that when you create your Central Bullion Client Account that you are required to provide appropriate personal and confidential information and ID (Identification Documents) to Central Bullion Ltd and Third Party processing partners to comply with the 2007 Money Laundering Regulations.
Central Bullion Ltd is registered with the NCA (National Crime Agency) for digital submission of SARs (Serious Activities Reports) and if for any reason whatsoever Central Bullion Ltd becomes suspicious of any attempt by you of money laundering, terrorist financing or any other breach of law, we will notify the NCA (National Crime Agency) and any other appropriate authorities and assist in their efforts of detection and prosecution.
To ensure the Central Bullion Client Services, remain safe and trustworthy for all Users, we reserve the right to: (a) Deny you the ability to create a Central Bullion Client Account, (b) Restrict, limit or deny the use of your Central Bullion Client Account, (c) terminate and close your Central Bullion Client Account.
7: Pricing
When you use a Central Bullion Client Service, you agree and accept your liability for and will maintain the monthly payments for the Subscription Plan Fee (of the Subscription Plan that you have chosen) as published on the Pricing Tables on company website centralbullion.net.
8. Subscription Fees
You are billed for the Client Service on a subscription basis at the amount required for the Subscription Plan that you have chosen. You will be billed in advance on a recurring and periodic basis (“Billing Cycle”). Billing cycles are set on a monthly basis.
At the end of each Billing Cycle, your Subscription will automatically renew under the exact same conditions unless you cancel it or Central Bullion Ltd cancels it. You can cancel your Subscription renewal by contacting the Central Bullion Ltd customer support team.
Client Service subscription fees are payable monthly in advance on the same day of each month of the Subscription Term (i.e. if the Subscription Term started on 5th January the Subscription fees would be due on the 5th of each month thereafter.
Where the payment date cannot be the same day of a month it shall be the nearest day before (i.e. if the payment date is 31st of March then the next payment would be due on 30th April).
As a Client you agree and accept that we are entitled to increase the Subscription Fees at the start of each Renewal Period upon 30 days’ prior notice to Clients.
A valid payment method, including debit/credit card, is required to process the payment for your Subscription. You shall provide Central Bullion Ltd with accurate and complete billing information including full name, address, state, zip/post code, telephone number, and a valid payment method information. By submitting such payment information, you automatically authorise Central Bullion Ltd to charge all Subscription fees incurred through your account to any such payment instruments.
9: Unsettled Subscription Fees
Should automatic billing fail to occur for any reason, Central Bullion Ltd will issue an electronic invoice indicating that you must proceed manually, within a certain deadline date, with the full payment corresponding to the billing period as indicated on the invoice.
In the event that you do not make payment to Central Bullion Ltd within the dealine date, your Client Account will be suspended until your outstanding Subscription is paid in full.
On suspension of your Client Account you will be unable to access your admin panel, however your bullion dealer website will remain fully functioning for 30 days after the deadline date.
If your oustanding Subscription remains unpaid after the 30 days, your Client Service will be suspended and your bullion dealer website will be taken offline and no longer accessible by your website users.
10: Cancellations and Refunds
You have the right to cancel your Client Account application process at any time and to close your Client Account at any time.
Except when required by law under the Consumer Contracts (Information, Cancellation & Additional Charges) Regulations, paid Subscription Plan fees are non-refundable.
11: Client Use Risk and Prohibited Activity
You agree and accept that your Central Bullion Client Account is your sole responsibility and that you use the Client Service at your risk. In addition you also agree that the same applies to your use of any and all technical means, such as any devices and internet connections when using the Client Service.
You guarantee not to perform any actions that may put a disproportionate or unreasonable strain on the infrastructure of the Central Bullion SAAS which may result in a loss or reduction of its performance, or hinder its functionality.
You guarantee not to do anything which may damage the Central Bullion SAAS, including and not restricted to: obtaining source code, reverse engineering, using viruses, trojan horses, worms, bots, software or other technical tools, or make any other attempt to circumvent protective technical measures.
12: Transmission of Data
When you log-in and use the Client Service you understand and accept that all data which passes between your Client Service and any website users, in either direction, is passed via the internet using the https protocol. The https protocol incorporates a level of Security which is generally accepted as being extremely reliable, accurate and private data transmission.
13: Data Storage and Transfer
A 1GB data storage limit and a 100GB data transfer limit is applied to each client account. If you exceed these limits then you will not be automatically charged extra and your Service will continue and remain unaffected, however we may contact you to discuss alternative hosting solutions more suited to your higher data usage.
14: Email
When you create a Central Bullion Client Account you can opt-out (unsubscribe) from marketing emails, however you understand and accept that you cannot opt-out (unsubscribe) from emails that relate to the administration of your Central Bullion Client Account which includes and is not limited to: login notifications, statements, changes to your client service settings, order confirmations, statements, execution advices, price alerts, contracts and changes to the Central Bullion Terms and Conditions.
You understand and accept that it is your sole responsibility to ensure that you have a reliable email service at all times to enable you to receive all emails sent from Central Bullion Ltd. Central Bullion Ltd reserves the right to rely upon you receiving and accepting the content of all emails sent to you at any time and is entitled to accept that you have received such emails within 3 working days of the send date.
If there is an issue with any email sent to you by Central Bullion Ltd and you make us aware of such issue after the 3 working days, then any resolution will be considered in the context of any such issue by Central Bullion Ltd and if necessary through a complaints arbitration procedure.
You understand and accept that communications by email are not encrypted and that Central Bullion Ltd accepts no responsibility for the privacy of any emails sent to you from Central Bullion Ltd.
Central Bullion Ltd is responsible for initiating any Email messages sent to you in accordance with the details that we have for your Central Bullion User Account.
Central Bullion Ltd accepts no responsibility for the electronic process of the Email messages being sent, which is the responsibility of the technology service provider.
You understand and accept that Central Bullion Ltd accepts no responsibility or liability for any loss of any kind that you may incur as a result of an Email message not being delivered, in circumstances beyond Central Bullion Ltd’s control.
Central Bullion Ltd reserves the right to suspend any Email communications to you if your Central Bullion Client Account diminishes below a level at which Central Bullion Ltd deems to be unacceptable.
15: Postal Mail
Central Bullion Ltd may from time to time send information to you via Postal Mail rather than via electronic means of communication and as such Central Bullion Ltd is entitled to rely upon you receiving the Postal Mail and you sending any rejection of the contents of the postal mail to Central Bullion Ltd within 7 days of the original postal date to you.
Central Bullion Ltd is responsible for initiating and sending any Postal Mail messages sent to you in accordance the details that we have for your Central Bullion Client Account.
Central Bullion Ltd accepts no responsibility for the process of the Postal Mail messages being sent, which is the responsibility of the postal service provider.
You understand and accept that Central Bullion Ltd accepts no responsibility or liability for any loss of any kind that you may incur as a result of a Postal Mail message not being delivered, in circumstances beyond Central Bullion Ltd’s control.
Central Bullion Ltd reserves the right to suspend any Postal Mail communications to you if your Central Bullion Client Account diminishes below a level at which Central Bullion Ltd deems to be unacceptable.
16: SMS and Voice Mail
Central Bullion Ltd may from time to time send information to you via SMS or Voice Mail and as such Central Bullion Ltd is entitled to rely upon you receiving the SMS or Voice Mail within 5 minutes and that any rejection of the contents of the SMS or Voice Mail to Central Bullion Ltd must be within 1 working day.
Central Bullion Ltd is responsible for initiating any SMS messages and Voice Mails sent to you in accordance with the details that we have for your Central Bullion Client Account.
Central Bullion Ltd accepts no responsibility for the electronic process of the SMS or Voice Mails being sent, which is the responsibility of the technology service provider.
You understand and accept that Central Bullion Ltd accepts no responsibility or liability for any loss of any kind that you may incur as a result of an SMS or Voice Mail message not being delivered, in circumstances beyond Central Bullion Ltd’s control.
Central Bullion Ltd reserves the right to suspend any SMS or Voice Mail communications to you if your Central Bullion ClientAccount diminishes below a level at which Central Bullion Ltd deems to be unacceptable.
17: Client Material
When using the Client Service, the Central Bullion website and Central Bullion Social Media, you are solely responsible and liable for any Client Material that you post/upload including and not limited to: descriptions, photographs, specifications, offers, opinions, messages, advertisements and announcements.
The following rules apply for any Client Material that you post/upload:
You agree and accept that you are solely responsible and accountable for all Client Material that you post/upload and you acknowledge and agree that the Client Material you post/upload to your Bullion Dealer website, Central Bullion website and any of the Central Bullion Social Media:
(a). Is not false, inaccurate, untrue, misleading or inappropriate.
(b). Does not and cannot have any negative effect on the good name or reputation of Central Bullion Ltd, its Directors, partners or other affiliated companies and third party service providers.
(c). Does not and cannot cause offence to anyone, is not discriminatory, does incite harassment or violence against any anyone, is not in bad taste, does not conflict with public morality, does not contain any link to pornographic material or adult websites, does not promote any illegal activities, does not consist of spam and does not link to any commercial websites.
(d). Does not conflict with any laws or regulations, does not infringe on any rights of third parties, is not unlawful towards third parties or Central Bullion Ltd and does not conflict with these Terms of Use.
(e). You agree and accept that when you post/upload any Client Material onto the Central Bullion website and any of the Central Bullion Social Media, that you are granting us a free, uncumbered, global, non-exclusive, irrevocable licence to use, reproduce and communicate your Client Material publicly for any purposes, in any format and through any channel. This Licence does not end when your Central Bullion Client Account is closed, or you decide to stop using the Central Bullion website and any of the Central Bullion Social Media.
(f). We reserve the right to translate any Client Material on the Central Bullion website and social media into any Language and adjust the material, if after translation, it has a demonstrable negative effect, or to remove the material if there is no suitable translation possible.
18: Reporting User Material Content
If you are of the opinion that certain Client Material is inappropriate or unlawful, you should report this to us. We reserve the right to remove or change Clint Material on the Central Bullion website and Central Bullion Social Media during or following investigation into any reports submitted.
19: Availability of the Central Bullion SAAS
You agree and accept that we are authorised, at all times and without prior notice, to make technical, procedural, commercial, or other changes, amendments and improvements to the the Central Bullion SAAS which includes the Central Bullion website, Central Bullion Demo Website, Client Services and are also authorised to temporarily put out of operation, or limit the use of any of those if it is deemed necessary to do so for reasons such as and not limited to: Server maintenance and software updates and fixes.
20: Disclaimer, Warranties and Liabilities
The Central Bullion SAAS is provided for use ‘as is’ and without any kind of express or implied warranty.
We do not guarantee:
(a) that it will be secure or available on any particular date, time or in any particular time or location.
(b) that any errors or defects will be corrected.
(c) that it will be free of viruses or other harmful software or materials.
(d) that your use of the Central Bullion SAAS meets your expectations.
In the event that at any time the Central Bullion SAAS have any defects or errors, we will at our sole discretion be entitled to take any measures deemed appropriate which may include and not be limited to: suspending all Client activity, suspending/removing Central Bullion Client Accounts.
We cannot be held liable for.
Within the extent that is permitted by mandatory law, we accept no liability whatsoever for damages resulting from:
(a) the provision of Central Bullion Ltd SAAS, including but not limited to damages resulting from, or in connection with your use of the Central Bullion SAAS, or from wrongful acts, or otherwise.
(b) the cancellation of Transactions by us, or Contracts of Sale dissolved by us.
(e) the estimated values of Bullion/Precious Metal at any time.
(f) client Material.
(g) the unlawful use of the Central Bullion SAAS.
(h) third Party Service Providers.
(i) any errors in the descriptions and information text as a result of translations.
(j) technical problems or other errors of the Central Bullion SAAS.
21: Limitation of liability
In no event shall Central Bullion Ltd, its directors, employees, partners, agents, suppliers, or affiliates, be liable for any indirect, incidental, special, consequential or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Central Bullion SAAS; (ii) any conduct or content of any third party on the Central Bullion SAAS; (iii) any content obtained from the Central Bullion SAAS; and (iv) unauthorized access, use or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence) or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed of its essential purpose.
If Central Bullion Ltd is found to be liable for any damages for any reason whatsoever, then the liability is limited to the one most recent monthly Subscription Fee paid by the Client to Central Bullion Ltd. This limitation of liability does not exclude liability for gross negligence or willful misconduct committed by Central Bullion Ltd.
Reporting a damages claim. You agree and accept that you must report any damages to us in writing as soon as possible after first appearance of the damages. Any Claim for compensation against Central Bullion Ltd expires twelve (12) months after the first appearance of the damages.
The twelve months limitation period also applies if Central Bullion Ltd needs to pay out or refund you. It is your responsibility to ensure that we have the correct details to make such payment.
22: Client Account Restriction, Termination, Closure and Deletion
(a). Closing your Central Bullion Client Account.
You may close your Central Bullion Client Account at any time, however, we have the right to refuse the closure or deletion of your Client Account if you have outstanding obligations that you need to perform such as and not limited to: payment obligations to us, if there are any potential outstanding issues or complaints related to your Client Account or posts or activities on the Central Bullion website, your Bullion Dealer Website or Central Bullion Social Media.
(b). Your Central Bullion Client Account closed by Us.
We may close, terminate and delete your Central Bullion Client Account at our sole discretion for reasons such as and not limited to: being legally required to so if you or any other User of your Central Bullion Client Account has acted in a way as not to comply with the Terms and Conditions, if it is not in our business interests to continue to provide SAAS to you.
(c). Suspension of your Central Bullion Client Account.
We are entitled to suspend your Central Bullion Client Account and any SAAS that we provide to you if there is sufficient reason to believe that you have not acted in accordance with the Terms and Conditions.
(d). We may set-off claims.
In the event that your Central Bullion Client Account is suspended we will act to secure our own rights and those of other Central Bullion Clients and at our sole discretion: we may suspend payments from or to you, including refunds and we may use your funds to offset any financial claim that we may have against you. Any such actions taken by us will be regulated and carried out in accordance with mandatory consumer law.
(e). We may take additional protective measures.
In addition to the measures described above, Central Bullion Ltd may also take additional measures to protect the company, the Central Bullion SAAS, the company website, demo website, Central Bullion social media and Clients from any fraudulent, infringing or otherwise inappropriate behavior which are set out in the Terms and Conditions.
23: Indemnification
As a Client of Central Bullion Ltd, to the maximum extent permitted by applicable law, you agree, accept and confirm that you fully indemnify us against claims from other Clients, your bullion dealer website users and from all third parties and all damages and costs that Central Bullion Ltd may suffer or incur as a result of (a) your failure to perform and abide by the Terms and Conditions, (b) any improper actions during the use of the Central Bullion SAAS, (c) your breach of any regulations, laws, third party rights, or (d) a wrongful act by you.
Your obligations for indemnification also applies to any partners, third party service providers, companies affiliated with Central Bullion Ltd and Central Bullion Ltd directors, employees, representatives and legal successors.
24: Central Bullion Ltd Intellectual Property Rights
As a Client of Central Bullion Ltd, you agree and accept that all intellectual property rights of the Central Bullion Ltd SAAS, Central Bullion Ltd bullion dealer website software, Central Bullion company website, Central Bulion demo website, Central Bullion databases, Central Bullion social media and Central Bullion documents, articles and any other Central Bullion material is owned by Central Bullion Ltd and/or Central Bullion partners and licensors. Subject to the conditions in the Terms and Conditions, Central Bullion Ltd grants you limited rights to use and view the text information, images and videos in any Central Bullion websites, social media, documents, articles and marketing material. The limited rights granted to you are: non-exclusive, revocable, not (sub)licensable and non-transferable.
25: Disputes between Central Bullion Clients and Central Bullion Ltd
You agree and accept that you must advise us in writing of anything you are unhappy with while using the Central Bullion SAAS. If we are unable to resolve such a complaint the following rules will govern any legal dispute between you and Central Bullion Ltd:
The Terms and Conditions and any disputes that arise from the Terms and Conditions and the Central Bullion SAAS are governed by English law, unless otherwise stipulated in mandatory law and all disputes that arise between you and Central Bullion Ltd will be submitted to a court in England, United Kingdom, unless mandatory law stipulates that the dispute must be submitted to another court. Consumers disputes must be submitted to a court in England, United Kingdom, unless you choose another court that is competent according to law and is done so within one (1) month after we have invoked this provision in writing. You can also alternatively choose to submit a complaint to an authority for extrajudicial dispute resolution (see the website of the ODR Platform for more information).
Reporting a claim for performance. If you believe that Central Bullion Ltd has failed to fulfill its obligations under the Agreement, then you must report a claim for performance against Central Bullion Ltd as soon as possible. Each claim for performance expires twelve (12) months after the moment it becomes claimable.
26: Your details and activity that are publicly visible
The Central Bullion Peer to Peer Market is a transparent facility and therefore certain information is made freely available to be viewed by the public and may appear on 3rd party websites for information, articles and marketing purposes, supplied to our 3rd party business partners and government agencies (when requested), such as and not limited to:
Usernames (nicknames), Selling Prices, Total Quantities and Type of Precious Metal Bullion for sale, Balance Quantity and Type of Precious Metal Bullion available for sale, Size of Trades that have been executed and Transaction Ticker Reports.
27: Identifying yourself
When you create your Central Bullion Client Account, you are required to identify yourself and all other relevant parties. You authorize Central Bullion Ltd to make any such identification and/or verification enquiries as necessary to satisfy both Central Bullion Ltd and any third party verification partners of the validity of the identification information and material that you have provided.
You must supply all such information and documents, including and not limited to: (photographic proof of identity, proof of address, institutional documentation, copies of trust deeds and incorporation documents), that are required to comply with all applicable laws and regulations, which includes all applicable anti-money laundering regulations.
Where you are operating the Central Bullion Client Account on behalf of another beneficial owner, you accept and confirm that you do so with their full knowledge, approval and appropriate legal authorization and that you will provide any such information or material that is requested by Central Bullion Ltd or third party partners, of such authorization.
You accept and agree that following the creation of your Central Bullion Client Account that you will, at any time, provide any additional information or material that may be required to maintain accurate records to comply with legal requirements of Law.
28: Changes to the Terms and Conditions
We reserve the right, at our sole discretion, to modify or replace these Terms and Conditions at any time.
Where practicable, notification of modifications will be sent via email and the modified Terms and Conditions will be posted here, 30 days before coming into effect. During such 30 day period you have the right to terminate your client account under the previous Terms and Conditions which can be done via email, asking for your client account to be closed.
By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.
Central Bullion Ltd may transfer rights and obligations that follow from these Terms and Conditions of Use to third parties and we will inform you if this happens.
If you create your client account during a 30 day notice of pending modifications to the Terms and Conditions, then you are accepting that you will be bound by the new amendments and modifications to the Terms and Conditions when they come into effect at the end of the 30 day notice period.
29: Survival
If any provision(s) in these Terms and Conditions is/are void or invalid in whole or in part for any reason, any Central Bullion Clients and Central Bullion Ltd will remain bound by the remaining Terms and Conditions. Void or invalid parts of these Terms and Conditions will be replaced by provisions that are valid and which will have legal consequences that are in line with the removed invalid provisions, as much and as closely as is possible.
30. Governing Law
These Terms and Conditions shall be governed and construed in accordance with the laws of the United Kingdom, without regard to its conflict of law provisions.
Our failure to enforce any right or provision of these Terms and Conditions will not be considered a waiver of those rights. If any provision of these Terms and Conditions is held to be invalid or unenforceable by a court, the remaining provisions of these Terms and Conditions will remain in effect. These Terms and Conditions constitute the entire agreement between Clients and Central Bullion Ltd regarding the Central Bullion SAAS and supersede and replace any prior agreements between Clients and Central Bullion Ltd.
Contact Us
If you have any questions about these Terms, please contact us.