OpenLegislation

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