Commentary

141 Acceptance-in-lieu objects

BAILMENT vol 3(1)
| Commentary

141 Acceptance-in-lieu objects

| Commentary

141 Acceptance-in-lieu objects

The Secretary of State will only undertake to indemnify an owner viz objects which have been accepted in lieu of tax1 by the Commissioners of HM Revenue and Customs in respect of repairable damage. The Secretary of State will not give a section 16 indemnity covering total loss of such an object2.

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