Paragraph 224 I1
There will be no deduction from any sum payable under paragraph 223 as a result of—
(a)
the placing of apparatus of a better type, greater capacity or of greater dimensions, or at a greater depth than the existing apparatus, to the extent Exolum has acted reasonably in procuring such apparatus;
(b)
the placing of apparatus in substitution of the existing apparatus that may defer the time for renewal of the existing apparatus in the ordinary course; or
(c)
the scrap value (if any) of any apparatus removed.
Annotations
Commencement
- I1
Sch. 15 para. 224 in force at 5.11.2025, see art. 1