Investment Grants--Progress Payments on Acquisition of Assets

August 1967
Accountancy;Aug1967, Vol. 78 Issue 888, p519
Trade Publication
The article reports on the regulations concerning Investment Grants which may be paid in respect of progress payments on the acquisition of assets without waiting for the assets to be completed in Great Britain. The Board of Trade have announced that in view of the wide variety of contractual progress payment arrangements they will be prepared to accept claims in respect of payments made in advance of the completion of delivery of an asset. The author also presented the terms and conditions of the payment arrangements.


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