TERMS OF SERVICE
** PLATINUM CASK OFFERS AND SERVICES ARE NOT AVAILABLE TO US CITIZENS AND PEOPLE DOMICILED IN THE UNITED STATES OF AMERICA. **
1. Definitions
Cask / Whole Cask means a cask of Whisky in respect of which we make fractions of the Whisky available to Members for purchase through our Website;
Cask Fraction means a fraction of the Whisky in a Cask, at a £20 starting value per fraction;
Cooling-off Period means the 14 day period during which you can change your mind and receive a full refund of your payment (please see clause 9 for more details);
Management Fee means 20% of any profit made on the sale of a Cask Fraction whether such profit is made on the sale of a Cask or the sale of a Cask Fraction by you to another Member;
Member means a User who has signed up for a membership in accordance with clause 4 of these Terms;
Product means either a bottle of Whisky which you purchase from our Website, or your bottled Cask Fraction in circumstances when you choose to remove your Cask Fraction prior to the Sale Date in accordance with clause 8.c of these Terms;
Sale Date means the date on which we determine a Cask will be sold either by auction, private sale or by an agreed company buy back;
Supplier means a producer or wholesaler of whisky from whom we acquire whisky for maturation;
Terms means these website terms and conditions, which apply to your use of this website;
User means anyone who uses or visits our Website;
We or "us" or "our" or any similar terms mean Fah Mai Holdings T/A Whisky Bull & Platinum Cask, which runs and manages this website;
Website means this website, www.platinumcask.com
Whisky means, for the purposes of these Terms and for ease of reference, all distillates undergoing maturation, including distillate which will become whisky in due course through maturation (though within the whisky industry, "whisky" only refers to distillate after three years of maturation);
You or "your" or any similar terms mean the relevant User.
2. Information about us and about these Terms
a. We are Fah Mai Holdings Group, Inc., trading as Platinum Cask. We are a public reporting company registered in Nevada, USA with company number CIK 00015959140. We have a subsidiary company in the UK, Fah Mai Holdings Limited T/A Whisky Bull & Platinum Cask, but as a User or Member, your contract to use the Website and/or become a Member is with Fah Mai Holdings Group, Inc.
b. Fah Mai Holdings Group, Inc. is not authorised or regulated by the Financial Conduct Authority. Our Members' funds are not protected by the Financial Services Compensation Scheme in the event of insolvency, nor will Members have recourse to the Financial Ombudsman Service in the event of a complaint.
c. We conduct our business primarily from our head office in Bangkok, Thailand and Fah Mai Holdings Group, Inc. does not hold itself out as carrying out a business activity in the UK.
d. In particular, please note that:
- all administrative and processing activity in relation to our Website is conducted outside the UK;
- monies from Members and sale proceeds are not paid into a UK bank account;
- all communications with Users and Members, including complaints handling processes, are conducted from our office in Bangkok; and
- data storage and document archiving takes place outside the UK (please see our Privacy Policy for more details).
e. These Terms govern your use of the Website and our business relationship with you as a Member. By using this Website, you confirm that you accept these Terms and you agree to comply with them. If you do not agree to these Terms, you must not use our Website. You are also responsible for ensuring that anyone who accesses the Website through your internet connection are aware of these Terms and comply with them.
f. We reserve the right to amend these Terms from time to time. Every time you use the Website, we recommend you check these Terms to understand the terms that apply at that time.
g. If you wish to contact us in relation to these Terms, please use the following details:
Email: info@platinumcask.com
Tel: +66 (0)2 107 1047