Subscription Terms

The websites and applications that form the network of Financial Review Group sites (hereinafter referred to individually as the “FRG Site” or collectively, the “FRG Sites”) are owned and operated by Fairfax Media Publications Pty Ltd (“Fairfax”).

These terms govern your subscription to any product available through the FRG Sites. These terms, together with the FRG Conditions of Use, form part of the general terms and conditions governing the material on, use of and access to the FRG Sites. Fairfax may change these Subscription Terms from time to time. If we do, any amendments will be posted on the FRG Sites. If you object to any changes to these Subscription Terms, your only remedy is to cancel your subscription before 14 days after the changes come into effect (in which case, no cancellation fee will apply). If you do not cancel your subscription within that period, you will be deemed to have accepted all changes.

Registration, Authorised Use, Security & Monitoring

Your subscription will not be valid unless and until Fairfax accepts your registration.

You must ensure that your username and password remain secure and confidential. You are entirely responsible for all use, activities and charges associated with or arising from any use of your username and password (regardless of whether you authorised such use), including unauthorised use of your or any other credit card. Each username and password must be used by a single user and is not transferable. An attempt to login with a username and password that is already in use will disconnect the other user. You must notify Fairfax immediately if you become aware of any unauthorised use of your username and password.

Fairfax may (but has not obligation to) monitor usage of the FRG Sites via your account (including but not limited to concurrent usage of username and passwords) and may take any action it deems appropriate, including immediately terminating your subscription.

Please note that if you have a subscription to both the print and the digital edition (including website, digital edition and/or applications) of a Financial Review Group publication, the owner of print subscription is the designated user of the digital edition. Your username and password must not be shared.

Subscription Charges

For the current fees for products, services and other features offered in connection with the FRG sites, please go to the relevant FRG site. Fairfax reserves the right to change the fees it charges for products, services or features offered in connection with the FRG Sites, or introduce new fees, from time to time. If such a change increases the price payable by you for your existing products or services (including your subscription), Fairfax will provide you with no less than one month’s prior notification of any such change. If you object to any such change, your only remedy is to cancel your subscription before 14 days after the change comes into effect (in which case, no cancellation fee will apply). If you do not cancel your subscription within that period, you will be deemed to have accepted the change.

Unless stated otherwise by Fairfax, in order to register for or purchase a service or product, you must submit valid credit card details. Valid payments will be processed immediately or, if applicable, immediately upon the expiry of your free trial subscription. If you are paying by cheque then your subscription commences on the day that your cheque is banked by us. If, subsequently the cheque you sent is not cleared, your subscription will be cancelled and you will have to make a new payment. Whether you pay by credit card or cheque, you will be given notification via email of the commencement of your subscription.

Unless you notify us otherwise, subscription fees and all other fees and charges associated with your subscription (including, but not limited to, any applicable federal, state, and local taxes) will be billed automatically to the credit card you provide when registering for the applicable service. If you do not notify us of changes to your billing details, Fairfax will assume that all of the information related to your credit card remains valid and will submit to the card processor all information that it requires for approval.

If any subscription fees or other charges billed to your credit card are not processed for any reason, Fairfax shall have the right to suspend your subscription until such subscription fees or other charges are paid in full. You agree to pay all costs (including legal fees) incurred by Fairfax in collecting any unpaid subscription fees or other charges from you. If payment in full is not received from you, Fairfax reserves the right to cancel your subscription. Subscription fees will apply whether or not you actually use your subscription.

Unless stated to be otherwise, charges referred to for use of any services provided by Fairfax are GST inclusive. Where GST applies, upon payment for online credit by you, Fairfax will deduct the GST it incurs from each payment and Fairfax will issue you with a Tax Invoice at the end of the tax year upon your request (which can be made to Customer Service). The balance of the payment will be credited to your account. GST means the Australian goods and services tax charged under A New Tax System (Goods and Services Tax) Act 1999 (the “Act”). Tax invoice means tax invoice as defined by the Act.

Termination or Cancellation of Your Subscription

Subject to any conditions and cancellation fees noted below, you may cancel your FRG Site subscription at any time by calling customer service on 1800 646 990. You cannot suspend your subscription to any FRG Site.

No refund will be paid (and no cancellation fee will apply) in relation to month-to-month subscriptions, trial subscriptions, or yearly subscriptions cancelled within the first 6 months after the subscription start date.

If you cancel a yearly subscription between 6 and 12 months after the subscription start date you will generally be entitled to a pro rata refund for any unused months, however, you will also be liable for a cancellation fee of $109 (for non-Subscriber Advantage Benefit subscribers).

Month-to-month subscriptions will continue until the next billing date after you notify us that you wish to cancel your subscription (provided you give us at least 24 hours notice prior to your next billing date). For the purposes of these Subscription Terms, “billing date” means the date in any month that you commenced your subscription (for example, the 15th of each month).

For yearly subscriptions, we will contact you within a reasonable time before the expiry of your subscription term to give you the opportunity to OPT OUT of renewing your FRG Site subscription for a further year. If you fail to opt out, your subscription will automatically renew on the subscription expiry date, at the then current yearly subscription rate, and you will be charged accordingly.

You may upgrade or downgrade your paid subscription at any time by calling customer service on 1800 646 990.

When you provide us with notice to cancel your subscription, you will still be registered for and have access to the Basic package of the Financial Review website at no charge.

Fairfax may immediately cancel your subscription, without notice or liability (including for any refund or credit to you), if we determine, acting reasonably, that: (i) you have breached any portion of these Subscription Terms or the general terms and conditions for use of the FRG Sites or (ii) your use of or access to the FRG Site(s) violates any applicable law or regulation or otherwise inhibits any other subscriber from using or accessing the FRG Sites or any other service offered by Fairfax on the FRG Sites.

Fairfax also reserves the right to cancel your subscription for any reason, provided that we give you written notice of such cancellation and, in the event of cancellation, pay you a pro-rata refund for the outstanding portion of your subscription.

None of the foregoing limits any other legal, equitable, or contractual rights available to Fairfax.

Gift and Promotional Subscriptions

If you are the recipient of a gift or promotional subscription, you acknowledge that your subscription may be administered by the third party provider and may therefore be altered or cancelled at any time by such third party provider. You may upgrade your gift or promotional subscription at any time at your own expense, however, if your underlying subscription is cancelled by the third party provider you will need to renew the subscription at your own expense in order to also continue with your upgrade.

The Australian Financial Review Print Edition - Subscriber Advantage Benefit

If you are a Monday to Friday or Monday to Saturday subscriber to The Australian Financial Review print edition directly through Fairfax, the Financial Review website and app for iPad® is included in the price of your subscription. To receive (and to continue to receive) the benefit, your print edition subscription must be active. If you cancel your print subscription at any time, you will no longer be eligible for the benefit and you will be downgraded to have access to the Basic package of the Financial Review website and app for ipad, at no charge. You will automatically receive this benefit unless you uncheck the “add digital access” box during the sign up process.

Summer financial review access terms

The Summer Financial Review Free Unlimited Access offer commences December 20, 2013 and expires on January 31, 2013. Offer is only applicable for new digital users, and is not available to or redeemable in any way (e.g. as credit against subscription fees) by current Financial Review digital subscribers. The offer comprises website and app for iPad access during the applicable dates. This offer excludes Financial Review ASIC Search extract charges. Published by Fairfax Media Pty Limited ABN 33 033 357 720. Your e-mail address is only used to communicate about your subscription and the Financial Review; this will not given to any third parties. Please refer to our Privacy policy for more information. iPad is a trademark of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Trial Terms

If you receive a free trial subscription to an FRG Site and/or application (“Trial”), it will begin on the date on which Fairfax accepts your registration. During the Trial you will not be charged a subscription fee. You may cancel or opt-out of the Trial prior to the expiry of the Trial online by calling customer service on 1800 646 990.

However, if you do not cancel or opt out during the Trial, you will be automatically rolled onto a paid subscription upon expiry of the Trial (either a month to month subscription or yearly subscription, depending on the option you have selected) and you be charged accordingly, unless otherwise stated during the sign up process.

If you have previously received a Trial, you will not be eligible to receive another Trial. You understand that the Trial may not include certain information, functionality or services, as specified from time to time.

Article Archives

Content made available on FRG Sites is strictly for personal use only. We may impose limitations on you if at any time we form the view that your usage of the site, and particularly your volume of article downloads, is unusual or excessive.

Article gifting terms

Subscribers to the Financial Review website and/or the complete package of the Financial Review (including website and newspaper) may gift up to and including 100 Financial Review website subscriber-only article views each calendar month. Every article view, regardless of whether the view was from the intended recipient will be counted towards the subscribers article gifting count. A limit will be imposed of 100 subscriber-only article views per calendar month. The number of articles your can gift will restart on the 1st of every month.

Additional Terms Applicable to ASIC Search Service

To access the services, you must, at a minimum, be a basic user of afr.com.

As a user of the service, you agree to us providing your customer details to ASIC, at their request.  ASIC (or its agent) may use your customer information to contact you for the purpose of sending you information that you have requested and for evaluating the ASIC service.  Fairfax will not be responsible for the use of your customer information by ASIC.

Fairfax will provide support in relation to the service during standard business hours.  Users should direct all service enquiries to Fairfax, and not to ASIC.

You must ensure that your ASIC search service username and password remain secure and confidential. You are entirely responsible for all use, activities and charges associated with or arising from any use of your username and password (regardless of whether you authorised such use), including unauthorised use of your or any other credit card. You must notify Fairfax immediately if you become aware of any unauthorised use of your username and password.

You acknowledge and agree the following in relation to the ASIC Search facility available on afr.com:

(a) The Search Extracts contained in the ASIC System and ASIC Registers

are based on information provided to ASIC by third parties.

(b) ASIC has not verified the accuracy, currency, reliability or completeness of the Search Extracts and makes no representation or warranty as to their

accuracy, currency or reliability.

(c) ASIC will have no liability to any persons for any inaccuracy, omission,

defect or error in the Test Database, ASIC System or ASIC Registers.”

Service charges are non-refundable. Fairfax reserves the right to amend the charges for the service, or introduce new charges, from time to time without providing prior notice to you.  If you object to any such change, your only remedy is to cease using the service.  If you continue to use the service, you will be deemed to have accepted the change.

Unless you notify us otherwise, service charges will be billed automatically to the credit card you provide when registering for the service. You must notify us if your billing details change at any time.

If your subscription is a corporate or enterprise subscription package, you may acquire ASIC search services on account. You agree and acknowledge that such acquisitions are the responsibility of the subscriber, who agrees to pay all ASIC search service charges invoiced by Fairfax.

Fairfax shall itemise all monthly ASIC search service fees incurred by subscribers under corporate or enterprise subscriptions, and shall invoice the subscriber monthly for such fees. Payment terms are as detailed on the invoice.

Unless stated otherwise, charges are quoted GST inclusive. Where GST applies, Fairfax will deduct the GST it incurs from each payment and issue you with a tax invoice.

You may cancel your registration to the ASIC search service at any time by calling customer service on 1800 032 577.

Fairfax may immediately cancel your service, without notice or liability (including for any refund or credit to you), if we determine, acting reasonably, that: (i) you have breached any portion of the above terms and conditions or (ii) your use of or access to the service otherwise violates any applicable law or regulation.

Additional Terms Applicable to BRW.com.au

If you have a print subscription to BRW you automatically receive complementary full access to brw.com.au. You must visit www.brw.com.au/register and enter your subscriber number and postcode to activate your online access. All new subscribers will receive a username and password for this digital access. All brw.com.au registered users automatically receive Basic access to afr.com.

Additional Terms Applicable to afrsmartinvestor.com

If you have a print subscription to Financial Review Smart Investor you automatically receive complementary full access to afrsmartinvestor.com. You must visit www.afrsmartinvestor.com/register and enter your subscriber number and postcode to activate your online access. All new subscribers will need to register to receive a username and password for this digital access.

Privacy

Fairfax collects your personal information in order to provide you with products and services requested by you, and for secondary purposes related to that purpose. Please refer to Fairfax‘s Privacy Policy for more information, including; what kind of information we collect, how we collect it, why we collect it, how we use and disclose it, and how to seek access to and update your personal information. You can access the Fairfax Privacy Policy at www.afr.com/privacy

As a subscriber, you acknowledge that we may contact you during the term of your subscription in connection with your subscription and/or with other offers or information that might be of interest to you. Beyond your subscription term, you also agree to receive communications relating to your lapsed or cancelled subscription and other FRG products and services for up to 36 months unless and until you notify us otherwise. If you do not wish to receive such communications, you can notify Fairfax by email at help@fairfax.com.au by phone on 1800 646 990, fax your request to (03) 8667 3844 or by post to: Fairfax Privacy Officer, at GPO Box 506, Sydney NSW 2001.

Subscription Terms

1. Definitions

ln these terms:

“Administrator” means the Service administrator(s); an individual or individuals appointed by the Subscriber to provide access to and use of the afr.com Administrator to tailor the Service access levels and user functionality for the Subscriber’s specific needs.

“Additional Fees” means the additional fees specific to any service as set out in the Pricing Schedule or any other schedule.

“Client” means a customer or client of a Subscriber to whom Information may be provided, where permitted, subject to the Subscription Terms.

“Effective Date” means the date as set out in the Product Schedule, or if undated, the date of first availability of the Service for use by the Subscriber.

“Fairfax Group” means Fairfax Media Limited and its subsidiaries (of which Fairfax is one);

“Fees” means the aggregate of the fees for the Information and fees for the Service, payable by the Subscriber to Fairfax being bundled, packaged or amended as set out in the Pricing Schedule.

“GST” means GST as defined in the A New Tax System (Goods and Services Tax) Act 1999 (“the Act”). All other terms have the definitions in the Act and/or are construed in accordance with the Act.

“Information” means information, in whatever form, provided as part of the Service

“Initial Term” means the “Initial Term” specified in the Product Schedule.

“Pricing Schedule” means the “Pricing Schedule” to the Subscription Agreement, including any updated or amended versions of it.

“Product Schedule” means the “Product Schedule” to the Subscription Agreement, including any updated or amended versions of it.

“Renewal Date” means the date immediately following the last date of the Initial Term.

“Representatives” means, in relation to the Subscriber:

1. Agents of the Subscriber and each of its Subsidiaries;

in the case where the Subscriber is a higher education institution (as determined by Fairfax in its discretion), faculty members and enrolled students of that institution.

“Service” means the information products and services available to the Subscriber through the Website, as set out in the Product Schedule, or any other service through which Information is supplied to the Subscriber by Fairfax on www.afr.com.

“Subscriber” means the entity set out in the Subscription Agreement with the details in the Product Schedule, and any Subsidiary.

“Subscription Agreement” means the signed subscription letter agreement between the Subscriber and Fairfax including the Product Schedule and the Pricing Schedule.

“Subscription Terms” means:

1. these Subscription Terms for Corporate Subscribers;
2. the terms of the Subscription Agreement;
3. the terms set out in the section of the “Subscription terms (pdf)” linked to the afr.com website above these Subscription Terms for Corporate Subscribers;
4. the “Conditions (pdf)” linked to the afr.com website; and
5. all other terms of use and disclaimers contained in or linked to the afr.com website.

“Subsidiary” means a subsidiary of the Subscriber within the meaning of the Corporations Act 2001 (Cth) and, in the case where the Subscriber is controlled by a partnership, that partnership (and each of its partners).

“Term” means the Initial Term and all renewals and extensions under clause 6.2.

“Trial Term” means the trial term of the Agreement which is the period of time set out in the Pricing Schedule or as agreed in writing by the parties, commencing on the Effective Date.

“User” means a Representative authorised by the Subscriber to use the Service, subject to the permitted number of Users set out in the Product Schedule.

”Web Content” means publicly available content which may be accessed through afr.com via links to third party sites on the internet, and which is identified within afr.com as being from the internet.

2. Service

• 2.1. Fairfax will supply the Information through the Service to the Subscriber and grants to the Subscriber a non-exclusive, non-transferable, non-sublicensable, non-assignable license to use the Information and the Service pursuant to the terms of this Agreement.
• 2.2. Fairfax retains control and ownership of the form and content of the Service. Neither the Subscriber nor any User will acquire any ownership rights in the Service or the Information, and the Subscriber shall not alter the form or content of the Information or Service without the written permission of Fairfax.
• 2.3. Fairfax may alter the form and content of the Service from time to time. The Information is either licensed from third party information providers or is proprietary to Fairfax. Should any license agreement with an information provider be terminated or suspended for any reason then the Information supplied by that information provider may be withdrawn from the Service.
• 2.4. The Subscriber acknowledges that any indexing codes used for retrieving Information from the Service are owned by either Fairfax or a third party, and that such indexing codes are protected by copyrights, database rights and/or trade marks owned by the relevant party. The Subscriber may use the indexing codes solely to access information from the Service and may not otherwise copy, publish, redistribute or otherwise use such codes.

3. Use of the Service

3.1 Users may:

• a. view and print a single permanent copy of the Information ; and

3.2 The Subscriber, and each User, shall not:

• a. use, copy, store, save, transmit, reproduce, distribute, display, sell, publish, broadcast or circulate the Information to any third party, other than as authorised in clause 3.1 and 3.2;
• b. remove, conceal or alter any copyright notices contained in the Service or the Information;
• c. create or store in electronic form any shared library or archive of Information which could be used as a research application;
• d. sell or receive any compensation for Information distributed to Client (except for recovery at cost of Views incurred by Client), and for the avoidance of doubt, Subscriber may only forward Service Emails to Customers on an occasional and infrequent basis, but are not authorised to forward such emails as part of a regular and ongoing alerting service; or
• e. share the password which they use to access the Service with any other person. Users should notify the Administrator or Fairfax if they learn or suspect that any password(s) is either being used by any person not authorised by the Subscriber to use the Service or is being used by more than one User.

3.4 The Subscriber shall:

• a. ensure that each User is aware of and complies with the conditions of use of the Service and/or the Information contained in this Agreement;
• b. ensure that each User complies with any additional restrictions notified by means of any onscreen notices contained within an article of Information to which the additional restriction relates. To the event that there is any inconsistency between the terms of this Agreement and any on-screen notice, then the terms of this Agreement will prevail;
• c. ensure that each Client is aware of, and use reasonable endeavours to ensure each Client complies with, the conditions of use of the Service and/or the Information contained in this Agreement;
• d. provide Fairfax with reasonable assistance in complying with Fairfax’s obligations under privacy laws relating to information in respect of individual Users. Subscriber warrants and represents to Fairfax that it is authorised by each of the Users to receive the Users’ personal information from Fairfax.

3.5 Fairfax will issue the Subscriber with one password for each User, each such password may only be used by one individual. The Subscriber must notify Fairfax if it learns or suspects that any password(s) is either being used by any person not authorized by the Subscriber to use the Service or is being used by more than one individual. Fairfax will then cancel the relevant password(s) and assign a new password(s) to the Subscriber. Fairfax may in its reasonable discretion attach conditions to the assignment of such new password(s).

3.6 In the event that the Subscriber or any User or Client breaches the terms of use of the Service as set out in this clause 3, the Subscriber acknowledges that damages may be an insufficient remedy. The parties acknowledge that any damages payable are without prejudice to any other injunctive relief or contractual liability that Fairfax is entitled to in accordance with this Agreement as a result of any breach of this agreement, including but not limited to breach of Fairfax’s intellectual property rights in the Service. Without limitation, Fairfax may suspend the Service in the event of a breach described in this clause.

4. Fees and Taxes

4.1 The Subscriber agrees to pay the Fees and any Additional Fees to Fairfax within 30 days of receipt of an invoice from Fairfax (‘Invoice’).

4.2 Unless otherwise expressly stated, all prices or other sums payable or consideration to be provided under this agreement are exclusive of GST.

4.3 If GST is payable on any taxable supply made or to be made under this agreement, the consideration payable will be increased by an amount equal to the amount of GST payable by the Subscriber. The Subscriber agrees to pay

4.1 The Subscriber agrees to pay the Fees and any Additional Fees to Fairfax within 30 days of receipt of an invoice from Fairfax (‘Invoice’).

4.2 Unless otherwise expressly stated, all prices or other sums payable or consideration to be provided under this agreement are exclusive of GST.

4.3 If GST is payable on any taxable supply made or to be made under this agreement, the consideration payable will be increased by an amount equal to the amount of GST payable by the Subscriber. The Subscriber agrees to pay such GST amount on receipt of a proper tax invoice from Fairfax.

4.4 The Subscriber shall have the right to withhold any applicable taxes from payments due under this agreement as required by law. If any deduction from payments due under this agreement is required on account of a withholding tax, the Subscriber will provide Fairfax with a certificate or other receipt signed by the appropriate taxing authority confirming the tax withheld and the subsequent payment of the tax to the taxing authority. Where there is a reduction in any Fees or Additional Fees due that is not supported by such a certificate or receipt, the reduction will be considered an underpayment by the Subscriber.

4.5 The Pricing Schedule may be amended from time to time in accordance with clause 4.6. Other han as set out in the Pricing Schedule or pursuant to clause 4.6, no change in the Fees payable by the Subscriber shall be effective unless agreed in writing between the parties.

4.6 Fairfax may, following not less than 30 days’ prior written notice to the Subscriber, amend the Pricing Schedule and/or any Schedule setting out the Additional Fees. If the amendment to the Pricing Schedule results in an increase in the Fees for the Subscriber, then the Subscriber may, within 30 days of receipt of such notice, terminate this Agreement by written notice to Fairfax. If the amendment to any Schedule results in an increase in the Additional Fees for the Subscriber, then the Subscriber may, within 30 days of receipt of such notice, terminate that part of the Service that relates to the Additional Fees by written notice to Fairfax. If the Subscriber gives notice pursuant to this clause 4.6then such termination shall be effective on the date on which the Fees and/or any applicable Additional Fees would have increased and the Subscriber will be entitled to a pro rata refund of any Fees or Additional Fees paid in advance for services not rendered at the date of termination.

5. Warranty, liability and indemnity

5.1 Fairfax shall make reasonable efforts to ensure: the accuracy and reliability of the Service; the timeliness of the Information; and that the Service does not contain any computer virus. Neither Fairfax, nor any other member of the Fairfax Group, will be held liable in relation to the accuracy or timeliness of the Information or for any loss or damage of any type in connection with the provision of or failure to provide the Service, except as set out in this clause 5. This Agreement gives neither the Subscriber, nor any User or Customer any rights against third party information providers with respect to the use of Information.

5.2 Neither Fairfax, nor any other member of the Fairfax Group excludes any rights or remedies available to you under the Trade Practices Act (1974) Cth or any similar State or Territory based legislation in Australia that cannot be excluded, restricted or modified. Otherwise, all conditions and warranties in respect of afr.com and the Information that may be implied by law are excluded. To the extent Fairfax or a member of the Fairfax Group is liable for breach of any implied warranty or condition which cannot be excluded, liability is restricted, at Fairfax’s option, to:

• 1.in the case of services supplied or offered by Fairfax, the re-supply of those services or the payment of the cost of having those services re-supplied; and
• in the case of goods supplied or offered by Fairfax, the replacement of the goods or the supply of equivalent goods, the repair of the goods, the payment of the cost of replacing the goods or the payment of the cost of having the goods repaired.

5.3 Subject to the above qualifications and clause 5.4, the Subscriber expressly agrees that in no circumstances will Fairfax or any member of the Fairfax Group be liable for any damage or loss (including but not limited to any indirect or consequential loss or any loss of profits or revenues whatsoever) however caused (including but not limited to, by the negligence of Fairfax or a member of the Fairfax Group) suffered or incurred by the Subscriber in connection of the use of afr.com.

5.4 Fairfax shall indemnify the Subscriber against any direct loss or damage suffered by the Subscriber arising out of any third party claim or action that the Information infringes the intellectual property rights of such third party, except for any claim or action arising out of a breach of this Agreement by the Subscriber, any User or Customer. The Subscriber agrees that if any such claim is made by a third party then the Subscriber will promptly notify and cooperate with Fairfax, and Fairfax shall at its request be given control of such action.

5.5 The Subscriber shall indemnify Fairfax and, where relevant, any third party information provider or supplier, for any direct loss or damage (not including any consequential loss or special or punitive damages) arising out of any use of the Information by the Subscriber and/or Users and/or Clients beyond the rights expressly granted to the Subscriber and/or the Users and/or Clients under this Agreement.

5.6 The total liability of Fairfax under this Agreement shall, to the extent permitted by law, under no circumstances exceed the Fees paid by the Subscriber in the twelve months preceding such claim.

6. Term and termination

6.1 The Trial Term, if any, is set out in the Product Schedule or as agreed and/or amended by writing between the parties.

6.2 After the Trial Term (if any), this Agreement shall be renewed for the Initial Term unless the Subscriber notifies Fairfax otherwise in writing prior to the end of the Trial Term. Thereafter this Agreement shall automatically be renewed for successive 12 month periods on the Renewal Date and each anniversary of the Renewal Date, save that during the Term any Service may be cancelled by either Fairfax or the Subscriber on 90 days’ prior written notice to the other prior to the Renewal Date and each anniversary of the Renewal Date.

6.3 Without prejudice to any rights of either party, this Agreement may be terminated:

• in the event of a party committing any breach of this Agreement which is remediable and not remedied within 21 days of written notice from the other party requiring such remedy;
• immediately on written notice being given by a party if the other party commits any irremediable breach of this Agreement or repeats any breach as has previously been the subject of a notice under paragraph (a) above;
• immediately on a party giving written notice to the other party if:
• 1. i. an order is made or an effective resolution is passed for the liquidation or winding up of the other party;
  2. ii. the other party enters into any composition with its creditors;
  3. iii. the other party has a receiver, manager, administrative receiver or administrator appointed in respect of it or substantially all of its assets;
  4. iv. the other party is affected in any jurisdiction other than New South Wales by any matter of substantially similar effect to any of the matters referred to in paragraphs (i) to (iii) above.
• •Fairfax and ASX company announcements archive
• •Digital Edition access the digital replica of the print edition and access to the last 5 days
• •AFR MarketWrap5pm access available Monday to Friday after the stock market closes and a sixth edition published on Saturday morning.
• For a sample copy http://marketwrap.afr.com/sample/default.aspx

6.4 On termination of this Agreement for any reason other than for Fairfax being in breach of this Agreement or being subject to an event listed in clause 6.3 (c), the Subscriber shall pay to Fairfax any Fees or Additional Fees payable until the end of the then current Term.

6.5 lf the Subscriber commits a material breach of this Agreement, Fairfax may suspend any Service without notice or penalty until such breach is remedied.

7. Confidentiality

7.1 The parties acknowledge and confirm that during the term of this Agreement and following its termination the parties shall treat as confidential and shall not (other than in the proper provision of the Service or as required by any applicable law) use or disclose to any person, firm or company, the terms of this Agreement, including the Pricing Schedule agreed between the parties, and any confidential information relating to the business of and belonging to the other party, nor permit its use or disclosure. This obligation of confidentiality shall not apply to information which is publicly known (through no fault of the non-disclosing party) or not of commercial value to such other party.

7.2 No public announcement, press release or circular (other than required by law or regulation) concerning this Agreement will be made by either party without the prior consent of the other party, which shall not be unreasonably withheld or delayed.

8. Web Content

8.1 Fairfax chooses the internet sites through which the Web Content is made available and uses reasonable care in doing so. However, the Web Content is not made available through any licensing agreement with any third party, and accordingly Fairfax does not and cannot license the use of such Web Content. The Subscriber and Users are solely responsible for determining the extent to which the Web Content is used.

8.2 The Web Content is not included as Information for the purposes of this Agreement and Fairfax does not accept any liability in relation to the Web Content.

9. General

9.1 The terms and conditions set out in The Subscription Terms represent the entire agreement between both parties relating to the Service and supersede all prior agreements and representations. No failure or delay by any party in exercising any right, power or remedy under this Agreement shall operate as a waiver of any such right, power and/or remedy. Neither party will be liable for any loss or failure to perform an obligation due to circumstances beyond its reasonable control.

9.2 The Service subscribed for under the Subscription Terms, the level of the Fees and Additional Fees and other relevant details of such Service may be amended by written notice signed by both parties confirming the relevant amendment and the inclusion of any additional schedule.

9.3 In the event of conflict between these Subscription Terms for Library Services, the Subscription Agreement and any other document or information forming part of the Subscription Terms as defined in clause 1 (where “conflict” denotes, as between any two such document, an impossibility to comply with both of them in the relevant respect):

• generally, these Subscription Terms for Library Services shall prevail; and
• in relation to the provision of a particular product or element of the Service, the Product Schedule shall prevail.

9.4 All notices shall be in writing, and delivered by courier or registered mail, or by either facsimile or electronic mail with confirmation, to the addresses specified in the Product Schedule, or other address stipulated in writing by one party to the other. Notice shall be deemed received on the date 3 business days after being sent, if by courier or registered mail, or on the date actually received, if by fax or electronic mail.

9.5 Neither party may assign the Subscription Terms without the prior written consent of the other party, provided however that Fairfax may transfer any of its rights and obligations to any member of the Fairfax Group.

9.6 The official language of the Subscription Terms shall be the English language and no translation into any other language may be used in its interpretation.

9.7 The Subscription Terms shall be governed by, construed and take effect in accordance with the laws of New South Wales and the parties submit to the excusive jurisdiction of the courts of New South Wales.

Last updated: 3 February 2011

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