Legal Obligations
As a bullion retailer operating in Australia, Berwick Bullion is subject to various legal obligations, including but not limited to:
1. Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006:
- Registering with AUSTRAC.
- Conducting customer due diligence, including identity verification.
- Reporting suspicious matters, threshold transactions, and international funds transfer instructions to AUSTRAC.
- Maintaining and implementing an AML/CTF program to identify, mitigate, and manage money laundering and terrorism financing risks.
2. Privacy Act 1988 and Australian Privacy Principles (APPs):
- Collecting, using, and disclosing personal information in a lawful and transparent manner.
- Ensuring personal information is accurate, complete, and up-to-date.
- Protecting personal information from misuse, loss, and unauthorised access.
- Providing individuals with access to their personal information and correcting it if necessary.
3. Corporations Act 2001:
- Ensuring financial transactions and records are accurate and compliant with corporate regulations.
- Adhering to relevant financial reporting and auditing requirements.
4. Fair Trading Act 1987 (Victoria):
- Engaging in fair and ethical business practices.
- Providing accurate information about products and services.
- Honouring consumer rights and guarantees.
5. Second-Hand Dealers and Pawnbrokers Act 1989 (Victoria):
- Holding a second-hand dealer’s license.
- Keeping accurate records of all transactions, including detailed descriptions of items bought and sold, and customer identification details.
- Reporting stolen goods to the police.
- Adhering to holding periods for certain types of goods before they can be resold.
Disclaimer:
The information provided on Berwick Bullion’s website (www.berwickbullion.com) is for general informational purposes only. While we strive to ensure the accuracy and reliability of the information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is strictly at your own risk.
In no event will Berwick Bullion be liable for any loss or damage including, without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website, you may be able to link to other websites which are not under the control of Berwick Bullion. We have no control over the nature, content, and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Pricing Disclaimer:
Berwick Bullion endeavours to ensure the accuracy of pricing information displayed on our website. However, we cannot guarantee that the spot and product prices will always be accurate. Prices are subject to change without notice, and errors may occur. Berwick Bullion cannot be held liable for any inaccuracies in pricing. In the event of a clearly inaccurate price being displayed, we reserve the right to cancel orders and refund any amounts paid.
- Bullion Products: Detailed descriptions of your gold and silver bullion offerings, including images, specifications, and pricing.
- Collectible Coins: Information about your collectible coin range, including historical background, rarity, and special features.
- New Arrivals: A section dedicated to the latest additions to your inventory.
- Special Offers: Highlight any discounts, sales, or promotions.