ARBN: 114 368 973      AFS Licence: 291881
 
  Telephone: + 64-9-271 6100 
  Facsimile: + 64-9-271 6400 
  Email: dealers@forexcommercial.co.nz 

  0800 NZ DOLLAR

(0800 693 655) 

Physical Address:   
Ti Rakau Drive,
East Tamaki,
Auckland
New Zealand
Postal Address:
PO Box 51-244
Pakuranga
Auckland
New Zealand
 
Registered Office: Melbourne, AUSTRALIA
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Agreement, Terms and Conditions

 
GJBODLE is bound by the SSET License Agreement

You ("You") agree to be bound by this Agreement if you use the Client Software and/or Transact.

If You disagree or You are not willing to abide by this Agreement, then You have no right to use the Client Software and You have no rights pertaining to Transactions.


1. Sovereign Entity / Account

You may not use a Sovereign Entity/Account to cause Unnecessary Harm.

Each Sovereign Entity/Account resides in all the Recognised Fair And Just Jurisdictions.


2. Transactions

You understand and agree all Transactions initiated by You are initiated from Recognised Fair And Just Jurisdictions.

All Transactions between Accounts/Entities reside in Recognised Fair And Just Jurisdictions.

SSET must use its best endeavors to protect the Transactions and the true value of the Available Cash when money is transferred into or between Accounts/Entities.

You may transfer part or all of the Available Cash in the Sovereign Entity/Account that You control as income, revenue, and/or payment, to a Bank Account but You understand and agree that SSET cannot protect income, revenue or payments paid to a Bank Account that is outside the Recognised Fair And Just Jurisdictions.

You may transfer into a Bank Account part or all of the Available Cash as a loan and SSET and the Member must use reasonable endeavors to protect the funds transferred, however You understand and agree that SSET's power to protect You from third parties is greatly diminished depending on the jurisdiction to which You transfer the funds.

All Account Holders including You, the Members and SSET must not use Private Messages to cause or facilitate Unnecessary Harm, and all Account Holders must use their best endeavors to prevent the misuse of Private Messages.

SSET and the Members will not use Transactions sent or received by You, to cause You Unnecessary harm.

SSET and the Members agree to use reasonable endeavors to protect your Transactions unless You cause Unnecessary harm


3. Ecourt and the Adjudicators

You understand and agree that any Account Holder can take action against You in a Recognised Fair And Just Jurisdiction if You have caused Unnecessary Harm in the sole opinion of that Account Holder.

You may initiate action against any Account Holder, who in your opinion has caused You Unnecessary Harm, via any Recognised Fair And Just Jurisdiction.

All Account Holders, including SSET and its Members, agree to be held accountable by You via any Recognised Fair And Just Jurisdiction and You agree to be held accountable by other Account Holders via any Recognised Fair And Just Jurisdiction.

If an action is initiated against You in a Recognised Fair And Just Jurisdiction the selection process for the Adjudicators begins with You selecting 10 Adjudicators who You do not know. From this list the Applicant must exclude 5. You then select the final 1, 3, or 5 Adjudicators to hear the case. If You fail to select Adjudicators then Adjudicators will be randomly selected by a Member or SSET.

If You are found guilty of causing unnecessary harm then the Adjudicator can transfer some or all of the value of the disputed Transaction(s) from You to the Applicant.

All the final selection of Adjudicators must agree that You have caused, and are likely to continue to cause, Unnecessary Harm before the Adjudicators can terminate your ability to use the Software.

If You are elected as an Adjudicator for ECourt then this Agreement equally applies to You.

If You are an Adjudicator and an action is initiated against You in ECourt, the selection process for the Adjudicators begins with You selecting 10 Account Holders who You do not know. From this list the Applicant must exclude 5. You then select the final 1, 3, or 5 Account Holders to hear the case.

You agree to use your best endeavors to resolve any issue between You and any other Account Holder before initiating action in ECourt.


4. Termination or Terminating others

You may terminate this Agreement by ensuring your Balance is Zero, completing all Transactions and ceasing to use the Software.

You have the right to make an application to ECourt to terminate an Account Holder, Member or SSET director if, in your opinion, the Account Holder, Member or SSET director has caused You Unnecessary Harm and is likely to continue to do so.

Account Holders, Members and/or SSET have the right to make an application to ECourt to terminate You.

You cannot be prevented from using the Software unless the Adjudicators selected by You unanimously agree that You are causing Unecessary Harm.

If You know of a Account Holders who is causing Unnecessary Harm, then You have the responsibility to report the event to bad.biz.pn (Account code BADBIZ) to help enable BADBIZ to ensure all Account Holders within SSET are acting in accordance with this Licence and the constitution of Ecourt.

Lodging a fictitious report to BADBIZ can be deemed to be attempting to cause Unnecessary Harm, which can also result in termination of the use of the Software.

You will reasonably endeavour to resolve any issue between You and any other Account Holder before You initiate action in ECourt or lodge a complaint with BADBIZ.


5. Warranties and Liability

You understand and agree that other Account Holders shall not be liable for any damages whatsoever suffered by You if you misuse the Client Software or allow third parties access to your computer, and You understand and agree that this clause survives termination of this Agreement.

The Software Creators warrants that the Software is fit for the purposes of sending and receiving messages and sending and receiving Funds.

If your computer is destroyed or damaged then the Software Creators warrants that your kept messages are recoverable.

The Software Creators warrants that Private Messages component of a Private Message is destroyed from the servers within 72 Hours of sending the message.


6. Modification to the Agreement and/or Software

The Software Creators may modify the Software and SSET may modify this Agreement at any time for any reason including improving reliability, improving performance, facilitating new products, ensuring credibility, and competitive advantage for the Account Holders, the Members and SSET.

Any change to the Software and or the Agreement may not cause Unnecessary Harm to the Account Holders and/or Members.

Modifications to the Software and/or Agreement may not affect existing Transactions

You agree to the upgrades of the Software and/or the Agreement if You continue to use the Software after the upgrade has occurred. If You do not accept the modifications to the Software and/or Agreement then You must cease using the Software.


7. Software License

The Client Software is licensed to You in accordance with this Agreement. The Client Software is not sold to You.


8. Ownership of Intellectual Property

The ownership, copyright and all other intellectual property rights in the Software remain with the Software Creators.

You are granted no rights in respect of the Software except as expressly stated in this Agreement.


9. General Terms and Conditions

This Agreement constitutes the entire Agreement between SSET and You with respect to the subject matter hereof and supersedes all previous understandings and communications, whether electronic, written, or oral, between the parties or their agents concerning the subject matter hereof.

Where more than one person is named as You the obligations of You under the Agreement shall bind each of them jointly and severally. Any failure by any one of them to execute or be bound by the Agreement for any reason shall not affect the liability of the others.

No failure or delay on the part of any party in exercising any right or remedy under the Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right or remedy preclude any other or further exercise thereof or the exercise of any other right or remedy. The rights and remedies provided in the Agreement are cumulative and not exclusive of any rights or remedies provided by law.

You agree and understand that no other Account Holder is responsible for any consequence as a result of You failing to comply with the Agreement.

If any provision of this Agreement is held to be unenforceable, such provision shall be reformed only to the extent necessary to make it enforceable, and the remainder of this Agreement has full force and effect.

SSET assigns its rights under this Agreement to other related entities in order to ensure the continuation of the service provided by SSET

You may not transfer this Agreement or any interest or obligation in or under this Agreement.

The headings to this Agreement are inserted for convenience only and do not affect their interpretation.


10. Applicable Law

The Agreement shall be governed by the constitution and the laws in force in ECourt.

ECourt is to have jurisdiction to hear and decide disputes pertaining to this Agreement

Suits, actions, proceedings and/or common law prosecutions arising out of or in connection with the Agreement may be heard in ECourt.

You shall not take any action which will prevent and/or impede SSET, Members and/or Account Holders from complying with this Agreement.


11. Definitions

Terms in this Agreement are defined within this web page. Terms are defined in the singular but can be used in this Agreement as singular and/or plural.

Account Holder - Anyone who uses the Client Software to send Transactions from a Sovereign Entity/Account.

Account Name - The unique name of a Sovereign Entity/Account.

Adjudicator - Any Account Holder who has had an account for more than three years and has a total transaction count of more than 1000 transactions and has more than 100 suppliers and more than 100 customers who hold the Account Holder in High Regard.

Agreement - The SSET license documented at www.SSET/license.html

Available Cash - is the Balance of the Account less the Funds that You cannot transfer from the Account because it is held in escrow by an escrow service or Member to cover the risks associated with a guarantee You have placed on the products and/or services You provide.

Balance - The balance in the Account displayed to You by the Client Software in the first row under the heading "Balance". The balance is either the amount of money, or the amount of stock or the quantity of the Commodity in the Account. The balance of an Account is the total amount of Funds in the Account.

Bank Account - A bank account with a bank that SSET recognises as a valid bank.

Client Software - The software provided by SSET or Members and used by You to access and manage your Account and to send and/or receive Transactions.

ECourt - www.ecourt.biz.pn.

Funds - An amount of currency, or a quantity of stock, or a quantity of a commodity, or units of ownership in a property, or units of a derivative of money, stock, or commodities, or units of any other product that you are able to send or receive in SSET

Member - Organisations that are licensed by SSET to provide the Client Software to people and/or organisations. SSET members are listed on this page.

Private Message - Messages within SSET that are deleted upon sending and replaced with the words Private Message and are deleted upon opening and replaced with the words Private Message.

Recognised Fair And Just Jurisdictions - is jurisdictions where: You, in a fair and just manner, can select the Judge/Adjudicator, and You can take action against the Judge/Adjudicator for not facilitating a fair trial, and there are no court costs to be paid, and You can present yourself or represent yourself at no cost, and to date the only court recognised is ECourt.

Software - All components of the Client Software and the servers SSET uses to send, receive and process transactions.

SSET - The entity known as SSET and Sub-Second Electronic Transfer that is owned equally by each Account Holder and which currently controls the web address www.sset.biz.pn

Transact - send and/or receive Transactions.

Transacting - sending and/or receiving Transactions.

Transaction - a Private Message or a Kept Message that may or may not have Funds attached that was sent by You or received by You.

Unnecessary Harm - is defined by the Adjudicators that You have the right to select or, defined by You if You are selected as an Adjudicator.

Examples of Unnecessary Harm:

1. Receiving payment for a product then failing to deliver the product.

2. Selling a product for a purpose where the product is not fit for that purpose.

2. Misrepresenting a product or services.

3. Obtaining goods or services or money by deception.

4. The unnecessary transfer of money to a country where the government and/or central bank of that country has a track record of causing considerable unnecessary harm.

5. Causing Irredeemable Debt.

If You are selected as an Adjudicator then you have the right to run the court as You see fit, but it is suggested by your fellow Sovereign Entities / Account Holders that You follow the constitution, rules and regulations created by your fellow Account Holders in E-Court and/or I-Court.

XAG - Each unit of XAG is a bar of silver with a weight of one ounce with a purity of 99.95 to 99.99. One unit of XAG is one ounce of silver, or the equivalent in currency, gold, equity and/or commodities settled cleared and delivered via SSET.

 


 


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The software is subject to the GJBODLE License Agreement . This website is subject to these Terms and Conditions .
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