Charging masterpieces
Advance (30%)
An advance of 30% of the total contract price is due upon conclusion of the Agreement where (a) the Agreement concerns a project of more than 4 charging points, or (b) the goods include customisation, such as a custom RAL colour, a logo on the front plate or a front plate in natural materials. In those cases Veton may postpone commencement or delivery of its services and/or goods until this advance has been received. The advance will be deducted from subsequent invoices. Payments already made are not refundable, without prejudice to any mandatory statutory rights of the Buyer.
In those cases an order shall only be considered definitively confirmed once we have received the advance payment of 30%.
Place and term of payment
Invoices are issued upon dispatch of the goods and are payable immediately: the due date is the invoice date, unless otherwise agreed in writing. Invoices and/or claims are payable at Veton’s office in 2630 Aartselaar, Belgium.
Late payment
In case of non-payment of invoices or advances on the due date, interest of 12% per annum shall accrue by operation of law and without prior notice from the due date. In addition, a contractual lump-sum penalty of 10% of the total outstanding amount (with a minimum of EUR 300) shall be due.
Suspension / termination
In the event of late or missing payments (including the advance), Veton shall be entitled to suspend its performance or terminate the Agreement at the Buyer’s expense, without any compensation being due by Veton. Payments already made will not be refunded.
Credit risk
If the Buyer is insolvent and/or presents a payment risk, Veton may terminate or suspend the Agreement, unless the Buyer provides sufficient guarantees for the fulfilment of its obligations.
Notification duty
The Buyer is obliged to notify Veton without delay and at the latest within 8 days of any inaccuracies in the information provided or stated in relation to the Agreement.
Consumers
Where the Buyer is a consumer within the meaning of the Belgian Code of Economic Law, the following applies by way of derogation from Article 9.3, in accordance with Articles XIX.2 to XIX.4 of that Code. In case of non-payment on the due date, Veton will first send a reminder free of charge. The consumer then has a period of 14 calendar days to pay. That period starts on the day after an electronic reminder is sent, or on the third working day after a paper reminder is sent.
If payment is not made within that period, the following shall be due by operation of law from the day after its expiry: (a) interest on the outstanding amount at the reference interest rate referred to in Article 5, second paragraph, of the Belgian Act of 2 August 2002 on combating late payment in commercial transactions, increased by 8 percentage points; and (b) a lump-sum compensation of EUR 20 for an outstanding amount of up to and including EUR 150; of EUR 30 plus 10% of the portion between EUR 150.01 and EUR 500, for an outstanding amount between EUR 150.01 and EUR 500; and of EUR 65 plus 5% of the portion above EUR 500, up to a maximum of EUR 2,000, for an outstanding amount above EUR 500. No other costs will be charged to the consumer.
If Veton fails to pay in time an amount it owes to the consumer, it shall owe the same interest and the same lump-sum compensation under the same conditions.