1.8 It is the purchaser’s responsibility to ensure that any lot purchased for export out of Australia is not affected by the provisions of the Protection of Movable Cultural Heritage Act 1986 (Cth) and the Vendor and the Auctioneer do not make any representation con- cerning any lot in relation to the applicability of this Act. The Purchaser of any lot which is subject to this Act shall not be entitled to avoid the sale or refuse to make payment of the full amount of the purchase price in respect of that lot. 2. TITLE Property in the lot sold shall not pass to the Purchaser until such time as the Purchaser has paid the whole of the purchase price in full, to the satisfaction of Shannons. 3. CONDITION OF THE LOT 3.1 The Auctioneer and the Vendor make no warranties and give no guarantees as to the condition, road-going ability, authenticity, genuineness, age, suitability, fitness for purpose or merchantable quality of any lot. 3.2 Unless specifically agreed to in writing, all lots are sold in their state of repair and condition as at the time of auction or sale with all defects and faults (if any) and not withstanding any description, representation or valuation given. 3.3 No error or misdescription of the lot shall vitiate the sale and the Purchaser shall be bound to take delivery of the lot sold without concession or reduction in price. Advertisements, catalogues, valuations and any pre-purchase/condition reports for the auction are statements of opinion and are not to be relied upon as statements or representations of fact and intending Bidders must satisfy themselves by conducting their own inspection, enquiries and investigation as to the nature and condition of the lot(s) offered for sale. Caveat Emptor (buyer beware) applies to each lot in this Auction. 3.4 All lots are available for inspection prior to auction and it is deemed that each lot has been adequately inspected by the Bidder or Purchaser prior to the sale. 3.5 Pre-purchase/condition reports are prepared as a result of a brief inspection un- dertaken by an independent contractor prior to auction and are intended as a guide only. No detailed inspection of the lot has been undertaken and no warrantee or guarantee concerning any faults or defects are given or implied. 3.6 No compensation shall be paid in respect of any error or misdescription in relation to the matters referred to above. 4. AUCTIONEER 4.1 “Auctioneer” means Shannons Auctions Limited and/or any person actually conducting the auction for and on behalf of Shannons Auctions Limited. 4.2 The Auctioneer reserves the right to: (a) refuse any bid; (b) require a successful bidder to immediately pay the whole or part of the purchase price; (c) withdraw any lot from sale. 4.3 The Auctioneer at all times acts solely as the agent for the Vendor.