Valid from 15/07/2013
Modifications etc. (not altering text)
C1Sch. 12 applied (prosp.) by Finance Act 2008 (c. 9), ss. 127(2), 129(4)
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.E+W
(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.