WEBSITE TERMS AND CONDITIONS

1. The National Institute of Financial Studies Pty Ltd ABN 010 285 677 (NIFS) owns and operates www.nifs.net.au (the "Site") and the service offered on it. The user's access to, use of, linking to the Site is conditional upon the user's acceptance and compliance with the terms, conditions, notices and disclaimers contained in this document ("User Terms"). The user's access to, use of, linking to the Site constitutes the user's agreement to be bound by the User Terms.

2. NIFS reserves the right to amend or modify these terms or conditions, or impose new conditions on use, at any time, and the user should periodically refer to them in this document.

Ownership of content on the Site

3. With the exception of third party material set forth below, the user acknowledges and agrees that NIFS owns all intellectual property rights in the Site.

4.The materials displayed on the Site, including without limitation all information, text, materials, graphics, software on the Site and any other proprietary rights associated with the Site are protected by copyright, trade mark and other intellectual property laws unless expressly indicated otherwise on the Site.

Access to and use of the Site

5.The user may view the Site using a web browser and save an electronic copy, or print out a copy and make a single hard copy, of parts of this web site solely for the user's own information, research or study.

6.Except as provided by the Copyright Act 1968 and as expressly provided for in these User Terms the user must not modify, copy, reproduce, republish, frame, upload to a third party, post, transmit or distribute the content of this Site in any way without the written permission of NIFS

7.The user must accept and assume full responsibility for the control of its employees, agents, sub-contractors in the use of the Site.

8.The user must supply all necessary equipment to view the Site at its own expense.

9.The user is responsible for the payment of any telecommunication costs associated with access to the Site.

10. The user is responsible for maintaining the confidentiality of its account number, username and/or password.

11. The user is responsible for all uses of its account whether or not authorised by the user.

Limitations to the use of the Site

12.The user must not use the Site in any manner or for any purpose which is unlawful or in any manner which violates any right of NIFS or other related companies or which is prohibited by the User Terms.

Limitation of liability

13. NIFS, its related companies, and their directors, officers, agents, employees or contractors do not:

(a) give any representation or warranty as to the reliability, availability, accuracy, absence of viruses or other harmful components or the completeness of the Site content; or

(b) warrant that any of the functions contained in any content or access to the site will be uninterrupted or error-free.

14. NIFS, its officers, employees, agents will not be liable in any way for any loss or damage, howsoever arising, whether in negligence or otherwise, out of or in connection with the Site and/or any omissions from the Site, except where liability is made non-excludable by legislation.

15.In the case of services supplied or offered by NIFS or its employees, liability for breach of any implied warranty or condition which cannot be excluded is limited at the option of NIFS to either:

(a) the supply of the services (or equivalent services) again; or

(b) the payment of the cost of having the services (or equivalent services) supplied again.

16. Clause 13, 14 and 15 survive termination of this Agreement.

Indemnity

17.The user must indemnify and hold NIFS, it's officers, employees and agents and related bodies corporate and keep them indemnified from and against all actions, claims, suits, proceedings, demands, costs, liability, expenses (including legal fees) and damages arising out of or in any way connected to the Site, including but not limited to:

(a) any breach by the user of the User Terms; or

(b) reliance by the user on any information obtained through the Site; or

(c) the user's access and/or use of the Site; or

(d) reliance upon or use of the Site or any part of the Site by any person accessing the Site or any part of the Site through the user's chosen or available web connection.

18. Clause 17 survives termination of this Agreement.

Termination

19.Without prejudice to any remedy it may have, the National Institute of Financial Studies Pty Ltd may terminate this Agreement immediately by placing a notice on this site.

Privacy

20. NIFS is very concerned about the security of personal information sent over the Internet to the Site and takes reasonable measures to ensure that such information is kept secret. Measures taken to protect the user's personal information are referred to in the National Institute of Financial Studies Pty Ltd Privacy Policy below.

21.Notwithstanding our obligations set forth in the National Institute of Financial Studies Pty Ltd Privacy Policy, NIFS is not responsible for any unauthorised access into private information and may release information when it believes that such release is reasonably necessary to:

a. comply with law;
b. enforce or comply with the terms of this Agreement; or
c. protect the rights, property or safety of NIFS or others.

General Provisions

22.The laws of Queensland, Australia, govern this Agreement.

23.The user will not transfer its rights or obligations under this Agreement without the prior written consent NIFS

24.If any part of this Agreement is determined to be invalid or unenforceable in accordance with law including, but not limited to, the disclaimer and liability limitations set forth above, then the invalid or unenforceable provision will be deemed superseded by a valid enforceable provision that most closely resembles the intent of the original provision and the remainder of the Agreement will continue in effect.

25. A printed version of this Agreement and of any notice given in electronic form will be admissible in judicial and administrative proceedings based upon or relating to this Agreement to the same extent as documents and records generated in printed form.

Third Party Material

26. NIFS does not operate or control in any respect linked third party web sites or any third party hyperlinks contained in a linked third party web site or any advertisements ("third party material") located on the Site.

27. NIFS is not responsible for the contents of any third party material and its inclusion does not imply any endorsement by NIFS

28. The user links to any third party material entirely at its own risk.

Disclaimer

29. Past performance of Share News does not necessarily reflect future performance. Consultation with your professional adviser is recommended.

30. The purchasing or selling of stock listed on the Australian Stock Exchange, or any and all decisions based on information published in Share News and Financial Grace, are made at the users own risk.

Disclosure

31. The publisher and associated persons or entities may, and often do, hold shares in the companies referred to in the material published Share News and/or Financial Grace.

Pricing

32. NIFS may, at any time without notice to the user, change subscription and pricing details for the use of Share News and Financial Grace.

If you have any queries relating to the National Institute of Financial Studies terms and conditions, please contact 07 3216 2821 or e-mail info@nifs.net.au.