The trading terms and conditions have also been updated to address the implications of recent cases on the meaning of “owner” under section 4 of the Customs Act 1901 and the ABF’s guidance on the application of that definition.
 
In addition to this, a brief additional guidance on the ACL provisions and their effect, as this will have an impact on which provisions of the terms and conditions can and cannot be used (refer to the ACL Information Sheet).
 
These standard trading terms and conditions are a guide only. 

Members should ensure they seek independent legal advice specific to their own business situation and the trading terms and conditions that are most appropriate to that situation.

Members will also need to get approval from their insurers as to use of new terms and conditions.

These two documents, now feature within the following location on the CBFCA’s website, for member login access only and restricted for the use by current, financial members at any time.

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