SCHEDULES

C1SCHEDULE 12Taking control of goods

Annotations:
Modifications etc. (not altering text)

Part 2The procedure

Limitation of liability for sale or payment of proceeds

64

1

Any liability of an enforcement agent or related party to a lawful claimant for paying over proceeds is excluded except in two cases.

2

The first exception is where at the time of the payment he had notice that the goods were not the debtor's, or not his alone.

3

The second exception is where before that time the lawful claimant had made an application to the court claiming an interest in the goods.

4

A lawful claimant in relation to goods is a person who has an interest in them at the time of sale.