Registration
All active members of the Danish Limousine Association can register animals for
the auction. Danish Limousine Association reserves the right to reject registered
animals.
Contracts
In connection with the approval of the animal to the auction the seller must sign
a written agreement on the minimum price, sperm rights, pregnancy, payment
conditions, etc.
Buyers
The auction is open to all buyers, regardless of membership of the Danish Limousine
Association.
Fee
Seller pays an entering fee of DKK 1.500, - incl. photography per animal.
Buyer pays a commission fee amounting 800 kr. plus 3% of the final bid.
General
Seller is responsible for ensuring that animals sold at auction are okay in all
respects. Animals must be good breeding stock with a confirmation above the
breed´s average. They must be well trained and easy to handle. All animals must
be weighed at birth, 200 days and 365 days.
The registered animals must be over 12 months for heifers and 12 months for
bulls on auction day.
The auction will be held according to the rules for selling/buying animals, and
Force Majeure can be used, if it becomes necessary to cancel the auction.
Pedigree
Bulls must be registered and paternity must have been determined.
Females must be registered.
Pregnant animal’s
Pregnant animals must be accompanied by a signed pregnancy test, which is
signed by an inseminator or veterinarian.
Rights to Semen
Rights to semen that are produced after the auction follows the bull.
If the seller wants to retain rights to future semen production, it must be notified
in writing to the auction management while registering the bull for the
auction. It should also be stated in the contract, the purchaser shall sign immediately
after the auction.
Bulls that are approved for Danish Limousine Society breeding program may
not be put into semen production again without agreement with the Danish
Limousine Association.
Minimum Price
Seller shall upon registration of the animal, state minimum price for the animal
at the auction.
Responsibilities
Responsibility for the animals lies with the seller until the auction.
After the auction it is the buyer’s responsibility
Insurance
Danish Limousine Association has not taken out insurance on the animals.
Transport
Transportation must be by the owner, ie seller pays transportation to the auction,
and the buyer / new owner pays repatriation. Danish Limousine Association
will assist with repatriation.
Export of animals
Buyer pays the same fees and transport costs as á Danish buyer.
Buyer pays all costs of quarantine, housing, care, feeding and veterinary costs.
Buyer is responsible for arranging and paying transportation from the quarantine
stable to the destination abroad.
Danish Limousine Association can help to provide a quarantine stable.
Animals that are not sold by auction
Seller pays transport to and from the auction and entry fee.
For animals who do not achieve sales at the auction, but are sold on the auction
site after the auction, pay the buyer and the seller fees and transportation under
the same conditions as in trade at the auction.
Arbitration
Any disagreement and dispute about animals that are traded in the auction
shall be settled by arbitration.
The following procedure for appointment of arbitrator is agreed:
Each party shall appoint one arbitrator. When one party has appointed its arbitrator
and given notice to the other party, If the other party has not appointed it´s
arbitrator within 7 days then the first party is entitled to also appoint the other
arbitrator.
If no agreement is reached the arbitrators may appoint an umpire, appointed
by the local civil judge in the owner’s jurisdiction. Each Party shall be entitled to
submit in writing twice its observations, and has only 14 days each time to reply
unless the arbitrators shall authorize a longer period.
The arbitration provides in addition, its own procedures, including the evidence,
and whether there must be set a hearing.
Once the arbitration has taken the case to order, it is obliged, within four weeks
thereafter to issue the warrant. The arbitration shall determine in its judgment,
who should pay the costs associated with the proceedings. In this context, whilst
also taking account of who loses the case in whole or in part.
The final judgment handed