DMBM657040 | Enforcement action: taking control of goods (TCoG): taking control of securities and co-owned goods

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Taking control of securities

Securities can include:

• bills of exchange

• promissory notes

• bonds

• specialities and securities for money.

If you intend to seize any securities, you should contact your manager.

Co-owned goods

Under TCoG co-owned goods can be seized. Additional actions are required where co-owned goods are taken under control. So, if you seize co-owned goods then as well as providing the co-owner with the inventory of goods and notice after entry, you must also ensure that where appropriate they receive copies of the valuation and notice of sale.