AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Fresh Contract

30th June 1950, Page 38
30th June 1950
Page 38
Page 38, 30th June 1950 — Fresh Contract
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

If. for example, a buyer has placed a contract with a chassis manufacturer for the purchase of a complete vehicle, or even chassis and cab, and the chassis manufacturer sub-contracts the building of the body or cab, then even if the chassis is completed and delivered to the sub-contractor before July 1, liability for tax would probably not be avoided. In cases such as this, it would be safer for the buyer to make a fresh contract with the chassis manufacturer and to take actual delivery of the chassis (this could be done by the bodybuilder or cab-builder on his behalf) before July 1. Separate contracts should also be made between the buyer and the bodybuilder and cab-builder. These difficulties would arise only in the interim period up to July I.