Commentary

116.5 Due diligence—national museums

BAILMENT vol 3(1)
| Commentary

116.5 Due diligence—national museums

| Commentary

116.5 Due diligence—national museums

The due diligence provisions and those relating to the reasonable steps to be taken by the institution to satisfy itself as to provenance and the information required by vendors, donors or executors in relation to acquisitions do not appear to apply to loans of objects to national institutions1. Where an institution is seeking to borrow an object and believes that object is the subject of a claim, or is likely to become the subject of a claim, then it should not proceed with the loan2.

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