Terms of service
1. The Good George Barrel Ownership program offer is limited in number and your barrel is only guaranteed once we have your John Hancock on this piece of paper. In the new world a digital signature is OK.
2. You are purchasing a spirit that is filled into the selected Barrels and the effective use of the selected barrel up to 5 years. You are the sole legal owner of your share of the barrel. Well done!
3. After bottling or 5 years, whichever is earlier, Good George Distilling has the irrevocable right to purchase the oak barrel from the Owner, with spirit removed, for $1 incl. GST, that is if you don’t want it for a souvenir, memento, keepsake or to use as a raft.
4. A non-refundable $500 deposit is required within 7 days of accepting this agreement. The remaining balance for your barrel is due by the 20th of the following month.
Your barrel (or share) is officially yours once the payment’s cleared in the bank.
5. We will let you know when we are brewing the Whisky and when you can come in for the barrel ceremony within 1 month of acceptance of this agreement, or upon next availability of the Barrel Room.
6. The Owner may choose to bottle in either one or two bottlings when you reckon the whisky is good enough. Bottling is included in the purchase price.
7. The first bottling will be a minimum of 3 years after filling the barrel. The final bottling will be 5 years after filling the barrel.
8. If you want to keep the barrel longer than 5 years, no problem, we will just send you an invoice for insurance and storage every year until you reckon it at it’s best.
9. If you have a Full Barrel, awesome, at the time of the Barrel ceremony, we will work with you to create your logo for the Barrel and the Bottle for your own personalised labels.
10. Government Excise Tax is due upon bottling and is payable by the barrel owner(s) if you are a New Zealand Resident. There is also additional GST on the excise tax, go figure. What will it be in 5 years time? Email this dude askgod@god.com
Good George will pay the excise duty to NZ Customs on your behalf.
11. GST payable on the barrel purchase is included in the cost of your share in the Barrel
12. The size of the “Angel’s Share”, or natural evaporation during maturation is a mystery and as we don’t know what it will be at this time in the mighty Tron, it will be a surprise! Our calculations indicate this may be approximately 4%
13. Your beautiful private barrel will be stored at the Good George Distillery for the maturation period.
14. We will keep you up to date with your barrels development with tasting notes.
15. Please keep your details up to date with us, if you move we would like to be able to find you.
14. Somerset Brewing Company Limited (that is actually the name of our company) will purchase an insurance policy for the Whisky, with the Owner listed as beneficiary of the policy, and shall maintain the policy for the duration of the maturation.
16. You can purchase additional VIP tickets, bookings required and subject to availability. Personal tickets and guest inclusions shall be complimentary for the first year, years following you will receive 50% off market price
17. At this stage, you can’t sell barrel to a third party. Sorry. We may be able to sell the barrel for you as we have a liquor licence.
18. You barrel is not legally an asset and can’t actually be borrowed against.
19. The Private Cask Programme provides private drinkers with personal whisky to be enjoyed at home or gifted to friends and family. It cannot be sold commercially by the Owner in any form, to a shop, sold online or traded for goods, unless you have a liquor licence, then we can talk!
20. If you have a liquor licence and wish to sell your whisky this must be in consultation with us.
