PAXTON

PROPERTY PRACTITIONERS (PTY) LTD REGISTERED WITH THE PPRA 2022113478

A. Authority/Mandate: Paper/Electronic

Property Name

Unit Number

Given by (Name of Account Holder)*

Address*

Bank Name*

Branch Name and Town*

Branch Number*

Account Number*

Type Of Account*

CurrentSavingsTransmission

Date*

Date

Contact Number*

Amount*

Name of Beneficiary*

Contract Reference Number (If you have it)

I/We hereby authorise Netcash (Pty) Ltd to issue and deliver payment instructions to your banker for collection against my/our abovementioned account at my/our abovementioned bank on condition that the sum of such payment instructions will not differ from my/our obligations as agreed to in the Contract Reference Number. The individual payment instructions so authorised must be issued and delivered on the date when the obligation in terms of the Agreement is due and the amount of each individual payment instruction may not differ as agreed to in terms of the Agreement. The payment instructions so authorised to be issued must carry the Contract Reference Number, included in the said payment instructions, and must be provided to identify the specific contract. The said Contract Reference Number should be added to this form in section E before the issuing of any payment instruction and communicated directly after having been completed. I / we agree that the first payment will be issued and delivered on regularly on the below date of each month.

On which Month to Start*

On which day to debit*

1st16th

If, however, the date of the payment instruction falls on a non-processing day (weekend or public holiday) I agree that the payment instruction may be debited against my account on the following business day; or Subsequent payment instructions will continue to be delivered in terms of this authority until the obligations in terms of the Agreement have been paid or until this authority is cancelled by me/us by giving you notice in writing of not less than the interval (as indicated in the previous clause) and sent by prepaid registered post or delivered to your address indicated above.

Mandate:

I/We acknowledge that all payment instructions issued by you shall be treated by my/our above- mentioned Bank as if the instructions have been issued by me/us personally.

Cancellation

I/We agree that although this Authority and Mandate may be cancelled by me/us, such cancellation will not cancel the Agreement. I/We shall not be entitled to any refund of amounts which you have withdrawn while this Authority was in force if such amounts were legally owing to you.

Assignment

I/We acknowledge that this Authority may be ceded or assigned to a third party if the Agreement is also ceded or assigned to that third party, but in the absence of such assignment of the Agreement, this Authority and Mandate cannot be assigned to any third party.

Signed at*

Date*

Date

Signature as used for operating on the account*

Assisted By (if any)

CAPACITY*

Reg. No. 1988/004445/07 Vat. No. 4920107879 Registered with the PPRA 2022113478 (refer to section 53(1b) of the PPA, read with PPA Regulation 37.1) www.paxtongroup.co.za

012 365 3320 info@paxtongroup.co. Ground Floor, Celtis House, Block D, Eastwood Office Park, Lynnwood Road, Lynnwoodridge PO Box 39921, Faerie Glen 3, 0043 Paxton Property Practitioners (PTY) Ltd hereby warrants the validity of its Fidelity Fund Certificate as at the date of this document.

PAXTON

Bank Account Details