Product liability; a step forward in consumer protection

Article Abstract:

A consumer protection bill is being considered by the British government. The implications for manufacturers are discussed. The bill is a response to a 1985 directive from the Council of the European Communities, which required all member nations to establish regulations and administrative procedures concerning liability for defective products. For the purposes of the law, a producer is anyone who manufactures a product or provides the machinery or materials that go toward the manufacture of the product. A product is defined as any goods or electricity. Liability for damages caused by a defective product is assigned, in varying degrees, to any person identified as the producer of the product. Given the very broad definitions of liability and product defects within the statute, all manufacturers should familiarize themselves with the provisions of the law.

Consumer protection, Product liability, Products liability, European Economic Community, European Community

---

When customs come to call: a guide to seizure, forfeiture and condemnation

Article Abstract:

UK's Department of Customs and Excise wields vast powers when it comes to the seizure, forteiture and condemnation of goods. These powers, most of which date back to the times of 18th century buccaneering smugglers, are contained in such customs legislation as the Customers and Excise Acts 1979 and its subordinate laws; the Import, Export and Customs Powers (Defence) Act 1939; and the Customs and Excise Management Act 1979. Confiscated goods that are not liable for forfeiture may be claimed from Customs within a certain period of time after the siezure. Failure to claim the goods or the submission of adefective notice of claim will lead to the condemnation of the seized goods. The condemned goods become the property of Customs which may choose to sell them, destroy them or give them back to their owners.

United Kingdom, International trade, Forfeiture, Customs administration, Seizure of vessels and cargoes, Ship seizures

---

Recovering criminal assets: a pitfall for advisers

Article Abstract:

The United Kingdom's Drug Trafficking Offences Act of 1986 allows courts broader powers to strip criminals of assets derived from drug sales and other serious crimes. The Act also provides heavy penalties for accountants and financial advisers who assist criminals in laundering money. The entire estate of a person charged with a serious criminal offense may be seized.

Accounting, Investment advisers, Criminal procedure, Money laundering, Criminal law

Similar abstracts:

• Abstracts: No replay in computing E&P to measure dividend. Tough standard for service cost allocations. Steps to ensure that nonliquidating S corp. distributions receive proper tax treatment
• Abstracts: Tax-free exchanges avoid COD income in workouts. Actions a taxpayer can take to obtain capital gains on realty dispositions
• Abstracts: Strategic renewal and the interaction of cumulative stress and inertia. Using simulated mergers to evaluate corporate diversification strategies
• Abstracts: Marketing the professional way. The small self-administered pension scheme
• Abstracts: Monitoring collection agency performance. Speed collections by 'liening' on debtors. Making credit collections cost effective

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.