Rumi's Garden offers interest free payment plans for our products. If you are interested in making a payment over a longer period of time, please use the 'Put It On Lay-Buy' payment plan. 'Put It On Lay-Buy' is interest free but they take a 1.9% service charge.
first payment of the payment plan serves as a reserve for the item you want to
buy. Once the payment is made in full, we will send you the item. A 50% payment
is required. If you decide to cancel the item you have reserved after making
the first payment installment, the initial installment will not be
carefully read the contract below which is binding to both parties:
PUT IT ON LAY-BUY: Terms, Agreements and Contract
Lay-Buy Financial Solutions Pty Ltd trading as www.lay-buys.com has identified core principles we believe are integral and imperative for all Lay-Buy agreement deals transacted through our PUT IT ON LAY-BUY checkout payment option to be fair and reasonable per the Fair Trading Act 1999.
The following principles below therefore make up the Terms &
Conditions for any Lay-Buy or Layby contract and related transactions entered
into. This applies to all and any lay-by contract template utilized by both the
vendor or consumer:
1. Record of Payment
A record of payments transaction history will always be
available for both the merchant and buyer, recording all amounts paid to-date
and the date and value of all future pending payments as per your agreed lay-by
2. Storage and Identification of Lay-Buy Products
Product’s on Lay-Buy will be set aside and stored separately to other products. Products will be clearly identified as ‘Lay-By contract’ products by a number or some other identification.
3. Cancellation of Lay-Buy by Buyer
The buyer may cancel their LayBuy agreement form at any time prior to delivery of products. However, after the first instalment payment is made, it will not be refunded.
4. Cancellation of Lay-Buy by Seller
The seller under a Lay-Buy must not cancel it unless –
a) The buyer breaches a term of the Lay-Buy; or
b) The seller stops trading; or
c) The products are no longer available
5. Cancellation on breach by Buyer
If a buyer has breached a term of a Lay-Buy and seller intends to cancel the Lay-Buy, before doing so seller must –
a) Give the buyer notice of seller’s intention to cancel the Lay-Buy; and
b) Allow the buyer at least 14 days within which to rectify the breach; and
c) The notice to be given has to be in writing, sent to the buyer’s last known address or email, or, if the buyer so agrees, orally; and
I) must specify the breach of the Lay-Buy for which the Lay-Buy is being cancelled; and
II) must state the time within which the buyer must rectify the breach;
III) must state the matters listed per below:
* the purchase price of the products;
* all cancellation charges payable under the agreement; and
* the total amount paid under the Lay-Buy;
* any amount owing to either the buyer or seller under the terms
of the Lay-Buy on the cancellation of the Lay-Buy.The Lay-Buy is cancelled at
the end of the period specified in the notice unless the buyer rectifies the
breach before then or Seller agrees not to cancel it.
6. Cancellation where business closes
If Seller under a Lay-Buy agreement proposes to stop trading before the agreement is completed, Seller must give notice of the proposal to the buyer and must either –
(a) allow the buyer 7 days within which to complete the agreement; and
(b) cancel the Lay-Buy
7. Cancellation where products not available
If the products are no longer available, Seller must cancel the
Lay-Buy and refund all monies to the buyer.
8. Banking Charges Back Fees
The seller shall be entitled to pass-on to the buyer all charge
back fees received by any given bank for any given customer charge back from
any given Lay-Buy deal.
10. Service Fee
Seller shall not charge the customer any interest charges,
membership fee or service fee on any Lay-Buy sales transaction. Lay-Buy
Financial Solutions Pty Ltd trading as www.lay-buys.com charge an admin fee,
which is a once-off 1.9% of the total order value at checkout. The buyer will
pay this amount to Lay-Buys at checkout at time of paying the down payment.
This fee is an admin fee and is therefore not refundable.
11. Lay-Buy Reporting
Seller shall have reporting in place for all Lay-Buy deals covering Down Payment made, Lay-Buy period, Frequency of payments required, Payment amount required per installment; and a full record of all payments made to-date (amount and date on which made).
The seller will only dispatch the buyer product/s after receiving
the final installment payment for all Lay-Buy deals.
13.1 This Agreement shall be binding upon, inure to the benefit of, and be enforceable by the representatives, successors and assigns of the parties hereto.
13.2 This Agreement may be amended only by a written instrument duly executed by all parties hereto.
13.3 The parties hereby represent and warrant that each of them has full legal right, power and authority to enter into this Agreement and to carry out its obligations hereunder.
13.4 This Agreement may be executed simultaneously in one or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.
13.5 Article headings contained herein are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement.