Abandonment of goods other than securities
This section has no associated Explanatory Notes
53(1)Controlled goods are abandoned if the enforcement agent does not give the debtor or any co-owner notice under paragraph 40 (notice of sale) within the permitted period.
(2)Controlled goods are abandoned if they are unsold after a sale of which notice has been given in accordance with that paragraph.
(3)Regulations may prescribe other circumstances in which controlled goods are abandoned.