Terms: R20,000.00 refundable registration deposit payable by bank cheque or cash transfer only. Buyers commission plus VAT payable on all purchases. VAT payable on all purchases. Further terms and conditions apply. FICA requirements apply to every sale, bring Copy of ID and Proof of Residence (not older than three months). No sale will be conducted without meeting FICA requirements. No assets will be removed until full payment has been made. All of the above is subject to change without prior notice. Michael James Organisation or the Financial Institution's representative may bid to the reserve price on behalf of the Seller. A 1% cash handling fee will be levied on all cash transactions General Rules of Auction available here under about us.