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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 29 November 2022 - onwards
  Version 2 of 2    

73V. Liability under commercial guarantee to subsequent hirers.

Where goods covered by a commercial guarantee provided to a hirer are subsequently acquired by another hirer within the duration of the guarantee period, that other hirer shall be entitled to rely on the commercial guarantee against -

(a) the guarantor under section 73T, or

(b) the owner under section 73U(1) and (2),

as if he or she were the hirer to whom the guarantee was provided.

Comparing proposed amendment...