SCHEDULES

C1SCHEDULE 12Taking control of goods

Annotations:
Modifications etc. (not altering text)

Part 2The procedure

Abandonment of securities

56

1

Securities are abandoned if the enforcement agent does not give the debtor or any co-owner notice under paragraph 49 (notice of disposal) within the permitted period.

2

Securities are abandoned if they are not disposed of in accordance with a notice of disposal under that paragraph.

3

Regulations may prescribe other circumstances in which securities are abandoned.