Legacy Gold Ltd. (The Company), trading as Legacy Gold, is registered in England & Wales: 09440298.

You become a Customer of the Company by registering for an account online at www.legacygold.co.uk (the Website). 

The terms ‘you’ and ‘Customer’ are interchangeable in these Terms & Conditions.
In becoming a Customer, you are deemed to have accepted these Terms and Conditions.
The term ‘Customer’ also refers to and includes Affiliates and Consultants of the Legacy Gold Network Franchise Programme.
The term ‘Reward Programme’ refers to all commissions, bonuses and incentives paid by Legacy Gold Ltd to its Affiliates and Consultants and includes the Fixed Fee Reward Programme,

The Company reserves the right to modify its Terms and Conditions by providing 30 days’ notice and publishing such changes on the website.

During such notice period, a Customer has the right to terminate the relationship under the previous Terms and Conditions, otherwise they are deemed to agree to and accept the amended Terms and Conditions. 

Customers may benefit from buying and selling gold through the Company’s online platform. The Company endeavours to offer consistently low prices via their published buying rates and also through the use of limited period promotions, details of which are posted on the website and/or emailed to Customers from time to time.

Customers are also able to purchase and benefit from any of the products, services, referral programmes and reward plans which are available via the Legacy Gold website, marketed under alternative brands via partnership contracts with third party suppliers, including but not limited to:
Legacy Coin, Legacy Money, Legacy Change, Legacy Mine, and Legacy Communications.

By entering into an agreement with any of the Company’s third party partners, including but not limited to Mortgage Securitisation Claims Ltd, Legal Quest plc, Renewell Water, Elwell Watchorn & Saxton llp, Kinesis Cayman and Kinesis AG, the Customer agrees to accept and abide by the Terms and Conditions of that particular organization in addition to those of Legacy Gold Ltd.

By using the Company website and buying platform, Customers are deemed to:

• Have read and agree to the Company’s published Privacy, Cookie and Website Policy;
• Agree to receiving notifications and corporate updates by email and/or SMS.

By using the Company website and buying platform, Affiliates and Consultants are deemed to have also read and agree to the Company’s Policies and Procedures (available for download in their Back Office), which form part of the contract between the two parties.

Customers must be aged at least 18 years.
Customers may only maintain one account at any given time.
The Company reserves the right to refuse an account to any person at the sole discretion of the Company.

Legacy Gold, its officers, employees or representatives, do not offer investment advice.
No corporate marketing materials, printed or electronic, should be construed as investment or financial advice.
Customers should understand that gold and digital currencies / crypto currencies can fall as well as increase in value.

Payment
The Company accepts various methods of payment which reflects its position at the forefront of innovation and as a provider of entrepreneurial lifestyle solutions.

From time to time the Company may choose to refine or add to the various payment methods offered, both for ease of payment and to reduce transaction costs for all parties.Full details are available on the Company website and may include third party e-wallet payments in addition to e-wallets provided as internal storage of funds to enable transactions within the franchise Platform. In such circumstances it is the responsibility of the Customer to open their own e-wallets with the recommended third-party providers.

The Company accept no responsibility for the security of Customers’ personal wallets and their contents.
The Company will never request details of Customers’ personal wallets eg. Passwords, Private Key Codes, Recovery Phrases etc.
The Company do require wallet addresses to facilitate payment of commissions and bonuses earned through the Legacy Gold Reward Programme.

Any and all payments, either to or from the Company, made through third party exchanges / wallets, are made at the published exchange rate, whether in gold, fiat currency or crypto/digital currency, at 3.00pm on the day of the transaction.

The Company reserves the right to choose the transaction currency and will endeavour to ensure that this is the most economically beneficial method for all parties.
Such transactions include but are not limited to:

• Purchase of gold;
• Purchase of other products and Licences;
• Payment of commissions and bonuses;
• Payments for gold being sold back to the Company.

Where applicable, Customers may also use their back-office Currency Account, Bullion Account or E-Wallet to pay for goods and/or receive payments.

Third party banks, exchanges and wallet providers may charge transaction fees which are unfortunately outside the Company’s control.Customers should also be aware that whenever payments are made on an international basis, funds may take several days to reach our account. In such cases, your purchases will always be charged at the price at which they were ordered, but may not be allocated or despatched until cleared funds have been received.

Proof of identity / KYC
Customers undertake to identify themselves no later than 2 weeks after opening their account by submitting a scanned image or photograph of at least 1 of the 3 requested forms of identification as shown on the Registration pages of the Website.

The Company also uses an international third party provider of KYC / AML verification.
The Company reserves the right to reject any account application as a result of such third party searches.

Contact details
The Company maintains contact details for you at an email address and optionally at

• a mobile telephone
• a home telephone
• a home address

You accept a duty to keep your contact details held by the Company up to date and accurate, which you can do via the website.  The Company is entitled to rely on the accuracy of the contact details supplied and as such, the Customer accepts that failure to maintain correct contact details indemnifies the Company against losses which may arise out of not maintaining correct contact details.
Customers are requested to contact Legacy Gold using the email address/es published on the website. The Company undertakes to return such contact within a 24-hour period.

Money laundering regulations
The Company may report your activity to duly authorised government agencies with a formal right either to monitor bullion trading activity or investigate activity which arouses suspicion of money laundering.

The Company undertake to monitor all transactions which may be deemed excessive, abnormal or unusually high / frequent and use third party electronic checks and authorized, secure providers to do the same.

Legacy Gold is designed to be a very secure home for legally acquired wealth.  It is not a useful or secure resource for money launderers and the Company pledges to work closely with the authorities to combat any fraudulent activity.

Data protection
The Company makes every effort to comply with the General Data Protection Regulation (GDPR) as it applies in the UK, tailored by the Data Protection Act 2018.

Your personal and financial data is protected from unauthorised access by a password and other access data which you have a duty to keep secret.You understand that in order to provide reliable customer access, the Company has a procedure for re-issuing forgotten passwords. You accept the details of this password reset process.

You accept that the Company will send off-line information to you by email, including, but not limited to, acknowledgements of changes to your key account settings, login notifications, order confirmations, transaction details, contracts, monthly statements, price alerts, and changes to Terms and Conditions.  You may not unsubscribe from emails relating to your account and its administration.
The Company may also send you general information regarding updates to its products and services, promotions and news bulletins. You may unsubscribe from these general updates by following the instructions included in such emails.
All personal data is encrypted and used as set out in the Company Privacy, Cookies and Website Policy, which can be found on the home page of the website. By accepting these Terms and Conditions, you are also accepting and agreeing to that Policy and receiving information pertaining to the efficient running of your Account.
Where the Company reasonably believes your security or the security of the Company is at risk, it reserves the right to suspend or close any account without prior warning, but never to the extent that it would amount to an expropriation of your property.
Your gold
Legacy Gold undertakes to only supply assayed bullion bars as good delivery from recognised market professionals and according to the practices which exist in the local market.

This bullion is held as weighed and numbered bars in a form generally acceptable in settlement of local bullion markets sales, or as fine gold grain. In both forms the gold is guaranteed 999.9 fine gold.

Your physical gold is stored, wholly in your name, under the control of Legacy Gold’s chosen supply partner, in secure vaults. Title to the gold reverts to the name of the Customer only when cleared funds have been received in the Company’s bank account or currency wallet.

For reasons of security, the location is not published, but Customers are at liberty to physically see their gold by prior arrangement with the Company. Such requests will only be granted for holdings in excess of 0.5kg, although the Company will consider every request. Requests should be made to support@legacygold.eu .
The Legacy Gold Guarantee

• The gold is always stored in the name of the Customer;
• All orders are backed by the identical quantity of gold in storage at all times so, although extremely unlikely, all Customer requests are able to be fulfilled in the event of a 100% request for delivery at any time.
• We will endeavour to buy back any genuine Betts / Legacy Gold branded bars (with proof of purchase and if the chain of integrity can be proven), at the advertised price of gold on that day, although there is no obligation to do so on behalf of the Company.

Customers are requested NOT to contact Legacy Gold’s supply partners except in extreme circumstances eg. If Legacy Gold cannot be contacted. All contact should be made via email in the first instance to the Company address(es) published on the website. 
The Company undertakes to provide the Customer with a complete history of transactions made with the Company, including a summary of gold holding in the Customer’s account, in the Customer’s Back Office available on the Website. In addition the Customer will receive an electronic invoice and Account Summary every time a transaction takes place.

Storage
The Company undertakes to pay storage and insurance fees on your behalf for the first 6 months following your first order. After 6 months have elapsed, the Company reserves the right to charge storage fees back to you, the Customer, at the rates published on the website.

The Company policy is to not deem storage and insurance chargesas a ‘profit-centre’ for the Company but instead, will pass such fees on at a level approaching the cost to the Company.

Delivery
The Company has the same approach when dealing with postage costs. Postage and delivery costs, together with types of delivery available, are published on the website.
You may request delivery of your gold at any time. Delivery will only be made to the address registered on our system.
Minimum delivery is for 1g and multiples of 1g, although the Company reserves the right to increase this minimum delivery to 10g bars. 1g bars attract a higher cost pro rata for handling and delivery. It is therefore more cost effective and it’s recommended, that Customers take delivery of bars of 10g in weight or greater at any one time.
Where you have requested a delivery to your address you accept that the acts or omissions of any person at that address are fairly deemed to be acts or omissions by you.You accept an obligation to inspect your package prior to signing for receipt. You acknowledge that a signature applied by a package recipient at your address evidences a receipt of a package in appropriate condition.
The Company accepts no responsibility for the loss of goods delivered at the Customers instruction to multiple occupancy addresses such as flats and complex buildings, where someone other than the stated addressee signs for and accepts receipt of goods. Customers must ensure that parcel delivery arrangements are in place to accept and receive goods at the nominated delivery address.
Once a delivery has been accepted, liability and responsibility for the gold is relinquished by the Company and passes to the Customer.
The Customer agrees that excluding their rightful refusal to sign for receipt of the package, any returns to the Company for whatever reason shall be at their own expense.

Ordering & pricing
All orders are submitted online, in the Customer’s personal Back Office and accepted by the Company at the London Gold Fix price or the advertised exchange rate of other forms of currency which may be used, as at 15.00 / 3.00pm on that day.

To qualify to be charged at that price, an order must be placed and completed (payment submitted) before 13.00 / 1.00pm on that day. All orders received after that time and prior to 13.00 / 1.00pm the next day, will be charged at the London Gold Fix as at 15.00 /3.00pm on that following day orthe next working day in the event of weekends and bank holidays.

The Customer authorizes the Company to vary the amount payable for their order in accordance with the final Fix Price / exchange rate on that day, to a maximum of +/- 10% of the price advertised at the time of placing the order.

When selling gold back to the Company, the Company will pay the London Gold Fix price as at 15.00 / 3.00pm that day, if received before 13.00 / 1.00pm.

The Customer understands that they may be exposed to certain factors which are beyond the control of Legacy Gold and as such the Company may not be held responsible. Such factors include but are not limited to:

• Gold price movements: Customers are exposed to the risk of potential loss arising from a falling bullion price during the time in which you own bullion. 
• Fluctuations in the value of both crypto currency and fiat currency.
• Money politics: Governments and other agencies seeking currency stability, or for other reasons, might seek to constrain or tax the ownership of bullion to the disadvantage of its owners. 
• Identity theft: If this happens a Customer may be at risk of unauthorised access to their account.
• System availability: Computer outages may happen and mean that the ordering platform is inaccessible for periods of time.  This could prevent you from executing a transaction which you would otherwise have made.
• CUSTOMER RISK

We sell goods and buy metal, based on the global metal market’s prices, which are outside our control, and change frequently. The historical performance of our price, or the global metal market’s prices of goods and metal is not a reliable indicator of future prices.

• CANCELLATION RIGHTS

You have no statutory right to cancel the contract if you change your mind once an order is placed. This is because the prices of the goods and metal are subject to fluctuation: see the Risk notice above.
Note: You can however choose to terminate your order at any time prior to delivery or final processing of your order. This will incur additional charges including but not limited to, a handling charge and a fee based on any adverse movement in the commodity price of your gold.

Death or incapacity
In the event of death or incapacity, the Customer permits the Company to allow your account to be maintained on your behalf by your duly authorised solicitor, appointed legal representative or appointed executors.

Affiliate programme
The Company runs an Affiliate programme which allows Customers to earn a portion of the commission charged on purchases made by Customers they have referred to us, and/or a specific referral fee as advertised on the website.

By becoming an Affiliate, you consent to the Terms and Conditions of our Reward Programme. Becoming an Affiliate is free of charge and can be done by upgrading on the website.

Customers who choose to upgrade to Consultant status in order to develop a home-based network franchise promoting the Legacy Gold Platform, are advised that these Terms & Conditions, together with the Company Policies & Procedures and the Legacy Gold Reward Plan, jointly form the Business Contract between themselves and the Company.

System maintenance
The system is scheduled to operate continually except where planned software updates and maintenance is necessary, which is usually carried out on weekends or in the evening. The Company will always strive to provide an advance warning notice via the website for planned downtime. There may also be planned service interruptions at other times where maintenance requires urgent action which cannot wait until a weekend.  Such service interruptions will, where possible, be planned at times of lower public demand for the service.

Regulation & legislation

Modern financial services businesses in the UK and throughout Europe tend to be companies which deal in paper-based instruments generally called 'securities'. These services are subject to increasing legal regulation.

Because Legacy Gold offers a credit-free environment, and because it deals in the absolute ownership of physical gold acquired on the spot market, and not paper-based contractual rights extending beyond the normal settlement period of the spot market, it falls outside the defined scope of formal financial services regulation. Instead, the London bullion market is regulated by traditional English property law, and not by the United Kingdom's Financial Conduct Authority.

Exclusions & liability
For sales and purchases conducted in the UK, the following provisions set out the entire financial liability of Legacy Gold (including any liability for the acts or omissions of its employees, agents and sub-contractors) to you in respect of:
(i) any breach of these Terms and Conditions; and
(ii) any representation, statement or tortious act or omission including negligence arising under or in connection with these Terms and Conditions.
All warranties, conditions and other terms implied by statute or common law (save for the conditions implied by section 12 of the Sale of Goods Act 1979) are, to the fullest extent permitted by law, excluded from these Terms and Conditions.
Nothing in these Terms and Conditions excludes or limits the liability of Legacy Gold
(i) for death or personal injury caused by Legacy Gold’s negligence; or
(ii) under section 2(3) of the Consumer Protection Act 1987; or
(iii) for any matter in which it would be illegal for Legacy Gold to exclude or attempt to exclude its liability; or
(iv) for fraud or fraudulent misrepresentation.
Subject to the above:
(i) Legacy Gold’s total liability in contract, tort (including negligence or breach of statutory duty), misrepresentation, restitution or otherwise, arising in connection with the performance or contemplated performance of these Terms and Conditions shall be limited to the value of your bullion stored by the Company; and
(ii) Legacy Gold shall not be liable to you for any pure economic loss, fall in the value of your bullion, loss of profit, loss of business, depletion of goodwill or otherwise, in each case whether direct, indirect or consequential, or any claims for consequential compensation whatsoever (howsoever caused) which arise out of or in connection with these Terms and Conditions.
You are responsible for paying such local taxes as are or may be applied on bullion purchases, bullion sales and bullion custody, and on any associated charges, and such taxes are added to charges where appropriate.
Force majeure
The Company shall not be liable to you for any delay or failure by it to perform its obligations if such delay or failure arises from any unforeseeable causes beyond its reasonable control including, but not limited to, acts of God, floods, lightning, earthquakes, labour disputes, shortages, rationing, utility failures, war, terrorism, riot, embargoes, and actions of any government agency or subdivision thereof.
Law
This agreement is governed by English law and the parties hereby accept the jurisdiction of the English courts, such that any proceedings brought against the Company shall be brought in the English courts but nothing in this agreement shall prevent Legacy Gold from taking proceedings against an individual or company in any court of competent jurisdiction.
© Legacy Gold Ltd. 2019
Registered in England & Wales: 09440298
Registered Address: 6 St Johns Court, Vicars Lane, Chester, England CH1 1QE