SCHEDULES

C1SCHEDULE 12Taking control of goods

Annotations:
Modifications etc. (not altering text)

Part 2The procedure

Abandonment of securities

57

1

If securities are abandoned then, in relation to the enforcement power concerned, the following apply—

a

the enforcement power ceases to be exercisable;

b

as soon as reasonably practicable the enforcement agent must make the securities available for collection by the debtor, if he removed them from where he found them.

2

Where the enforcement power was under a writ or warrant, sub-paragraph (1) does not affect any power to issue another writ or warrant.