TERMS OF TRADE
Two Four Electrical
Intro
These Terms of Trade outline how Two Four Electrical Limited operates, including pricing, payment terms, and responsibilities.
By engaging us to supply goods or services, you agree to these terms.
Two Four Electrical Limited
NZBN: 9429053390264
0800 TWO FOUR
info@twofour.co.nz
Application
These terms apply to all goods and services supplied by Two Four Electrical Limited to the Customer.
These terms override any prior agreements unless otherwise agreed in writing.
Definitions
Company means Two Four Electrical Limited.
Customer means the person or entity engaging the Company.
Goods means all materials and equipment supplied.
Services means all electrical work carried out.
Payment
Payment is due as follows:
- Residential: 14 days from invoice date
- Business: 20th of the month following invoice date, unless otherwise agreed
No set-off or deduction is permitted.
The Company may suspend work where payment is overdue
Overdue accounts:
- Late fee: $20
-
Interest: 2.5% per month on outsanding balances
All debt recovery costs are payable by the Customer.
Pricing
All pricing is in accordance with the Company’s pricing schedule available at
www.twofour.co.nz
or as quoted.
Deposits and Progress Payments
The Company may require deposits or progress payments at its discretion.
Failure to pay may result in suspension or cancellation of work.
Supply and Installation
Goods are deemed delivered when they arrive at site or are collected.
Risk passes to the Customer upon delivery.
Services are deemed complete when work is carried out at site.
The Customer is responsible for materials delivered to site.
Ownership of Goods
All goods remain the property of the Company until paid in full.
The Company may register a security interest in those goods if required.
Liability
To the maximum extent permitted by law, liability is limited to the value of the goods or services supplied.
The Company is not liable for any indirect or consequential loss.
Consumer Guarantees Act
Where services are supplied to a residential customer, the Consumer Guarantees Act 1993 applies.
Nothing in these terms limits the Customer’s rights under that Act.
Where the Customer acquires goods or services for business purposes, the Customer agrees that the Consumer Guarantees Act 1993 does not apply to the maximum extent permitted by law.
Default
If the Customer defaults:
- Work may be suspended immediately
- All amounts become immediately due
- Recovery action may be taken
Privacy
The Customer authorises the Company to obtain credit information and share data with credit agencies if required.
General
These terms are governed by New Zealand law.
If any clause is invalid, the remaining clauses remain in effect.
Last update: April 2026