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TERMS AND CONDITIONS

Bioca Laboratories

These Credit Account Terms and Conditions (“Terms”) apply to all customers approved for a credit account with Bioca Laboratories Pty Ltd (“Bioca”, “we”, “us”, “our”).

1. Eligibility & Approval
  • Credit accounts are available to approved business customers only.
  • Approval of a credit account, credit terms (14 days or 30 days), and credit limits is at the sole discretion of Bioca Laboratories.
  • Submission of a credit application does not guarantee approval.
2. Credit Terms & Credit Limit

Each approved account is issued with:

  • A specific credit limit
  • Agreed credit terms (14 days or 30 days)

Customers must ensure that:

  • Outstanding balances do not exceed the approved credit limit
  • All invoices are paid within the agreed credit terms
Bioca Laboratories may review, reduce, or withdraw credit limits at any time without prior notice.
3. Payment Obligations

The customer agrees to pay all invoices:

  • In full
  • Within the approved credit terms
  • Without deduction, set-off, or delay
Payment obligations remain regardless of resale, onward supply, or use of goods.
4. Late Payment, Suspension & Cancellation

If payment is not received by the due date:

  • The credit account may be immediately suspended
  • Future orders may require upfront payment

Continued non-payment may result in:

  • Permanent cancellation of the credit account
  • Refusal of further supply
  • Referral for debt recovery

Bioca Laboratories reserves the right to recover all reasonable costs associated with overdue accounts.

5. Ownership & Risk

Ownership of goods supplied on credit does not negate the obligation to pay within agreed terms.

6. Termination

Bioca Laboratories may suspend or terminate a credit account at any time for breach of these Terms.

7. Governing Law

These Terms are governed by the laws of Victoria, Australia, and the parties submit to the jurisdiction of its courts.

Contact Us: | support@bioca.com.au