Voucher terms and conditions

Gift vouchers

1. Terms and Conditions for use of Snowball Gift Vouchers

These terms and conditions attach to the Gift Vouchers and shall apply to the purchaser and, if transferred, any person who then uses them.

The purchase and/or use of any Gift Voucher issued by The Snowball Effect Limited (Snowball Effect, we or us) constitutes your acceptance of these terms and conditions. If you allow another person to use or take possession of your Gift Voucher, you must inform that person that they will be bound by these terms and conditions.

The use of any Gift Voucher is subject to these terms and conditions. These terms and conditions are available at our website, snowballeffect.co.nz (Website).

Snowball Effect may in its complete discretion, refuse to sell a Gift Voucher to any person at any time for any reasons.

2. Expiry of Gift Vouchers

Gift Vouchers cannot be returned or cancelled after purchase.

All Gift Vouchers will expire on the date 12 months following their date of purchase (Gift Voucher Expiry Date). Snowball Effect may, at its discretion, extend the expiry period of any Gift Voucher, or issue a new Gift Voucher in place of one that is due to expire.

Unused value remaining on the Gift Voucher at the Gift Voucher Expiry Date will not be refunded and will become the property of Snowball Effect. No refunds will be provided by Snowball Effect for the monetary value on the Gift Voucher.

For the purposes of section 77S(1)(a) of the Financial Advisors Act 2008, your acceptance of these terms and conditions shall be taken to constitute your direction to transfer any unused value to Snowball Effect on the expiry of the Gift Voucher.

3. Use of Gift Vouchers

Gift Vouchers may only be used in connection with the acquisition of securities pursuant to an Offer made available through the Snowball Effect investment platform and available on the Website (Offer).

Once you have selected an Offer you wish to accept, you will be given the opportunity to pay a part, or all, of the amount payable by you in relation to that Offer (Subscription Amount) from funds available on a Gift Voucher. The full value of any Gift Voucher must be used in one transaction.

Gift Vouchers cannot be exchanged, refunded or redeemed for cash. Gift Vouchers are not money, legal tender, account cards, credit, charge or debit cards or securities.

Gift Vouchers are not re-loadable. This means additional credit (money) cannot be added to the Gift Voucher. A new Gift Voucher must be purchased.

4. Information on Gift Voucher usage

You are able to check the balance and expiry date of any Gift Voucher online by logging on to the Website and navigating to your "Dashboard" section of the Website.

Snowball Effect will provide the purchaser of the Gift Voucher or, if informed of the transfer, the recipient of the Gift Voucher, with a summary of all transactions for which the Gift Voucher has been used, and the remaining funds available on the Gift Voucher.

For the purposes of section 6(1)(b) of the Financial Advisers (Custodians of FMCA Financial Products) Regulations 2014 (Regulations), your acceptance of these terms and conditions shall be taken to constitute your agreement that the information referred to in this paragraph 4, along with any other information Snowball Effect is required to provide you in accordance with the Regulations, may be made available to you through the electronic facility described in this paragraph 4.

Promotional codes

5. Terms and Conditions for use of Snowball Promotional Codes

Receiving, acquiring or using a promotional code (Code) issued by Snowball Effect constitutes your acceptance of these terms and conditions. If you allow another person to use or take possession of your Code, you must inform that person that they will be bound by these terms and conditions.

The use of any Code is subject to these terms and conditions. These terms and conditions are available on the Website.

6. Expiry of Codes

Codes cannot be returned or cancelled by the customer after issue. Snowball Effect may cancel Codes in accordance with clause 9 of these terms and conditions.

All Codes will expire in accordance with the expiration terms that apply to that Code at the time it is issued. No refunds will be provided by Snowball Effect for the monetary value of the Code if it expires prior to use. Snowball Effect may, at its discretion, extend the expiry period of any Code, or issue a new Code in place of one that is due to expire.

7. Use of Codes

Codes may only be used in connection with the acquisition of securities pursuant to an Offer made available through the Snowball Effect investment platform and available on the Website.

You must register your Code on the Website prior to use. Only one Code may be registered per account at any one time.

Once you have selected an Offer you wish to accept, you will be given the opportunity to pay a part, or all, of the Subscription Amount by way of one or more Codes. The full value of any Code must be used in one transaction.

Codes cannot be exchanged, refunded or redeemed for cash. Codes are not money, legal tender, account cards, credit, charge or debit cards or securities.

8. Cancelation of Codes

Snowball Effect reserves the right to refuse, cancel or hold Codes for suspected fraud, for cards mistakenly issued in an incorrect denomination or for other violations of these terms and conditions.

General provisions

9. Cancelation of Gift Vouchers and Codes

Snowball Effect reserves the right to refuse or cancel (as appropriate) any Gift Voucher or Code (a) if the Gift Voucher or Code has been mistakenly issued in an incorrect denomination; (b) for any violations of these terms and conditions; or (c) if required to do so by the Financial Markets Authority or by the terms of our equity crowdfunding licence.

10. Complaints

If you are not satisfied with the services provided by Snowball Effect in relation to your Gift Voucher/Code, you should provide us with details of your complaint by emailing [email protected] or by writing to:

Attention: Complaints Department

Snowball Effect
C/- The Icehouse
Level 4, The Textile Centre
117-125 St Georges Bay Road, Parnell
Auckland, NZ

11. Privacy

Snowball Effect's privacy policy, available on the Website, shall apply to the use of Gift Vouchers and Code.

12. Changes to these terms and conditions

Snowball Effect may change these terms and conditions from time to time by uploading a new version on the Website.