Common use of Despatch Clause in Contracts

Despatch. A Despatch occurs when metal is sold and removed to a country that is a member state of the EU. UK to EU = Despatch, ZR for UK VAT if registered in discharge location. Transfer of own goods with subsequent domestic resale in disport. UK to EU = Despatch, ZR for UK VAT if registered in discharge location. Transfer of own goods with subsequent domestic resale in disport. UK to EU = Despatch, ZR for UK VAT if registered in discharge location. Transfer of own goods with subsequent domestic resale in disport. UK to EU = Despatch, ZR for UK VAT if registered in discharge location. Transfer of own goods with subsequent domestic resale in disport. EU to UK = Acquisition into UK EU to UK = Acquisition into UK EU to UK = Acquisition into UK EU to UK = Acquisition into UK 6.4 Acquisition An Acquisition occurs when metal is received into a country that is a member state of the EU, from another member state. EU to UK = ZR if received into custody of an LBMA member EU to UK = ZR if received into custody of an LBMA member EU to UK = ZR if received into custody of an LBMA member EU to UK = ZR if received into custody of an LBMA member 6.5 Shipping/Transp ort Fees Shipping and transport fees are charged to clients when metal is delivered to them. They are therefore made when metal is Exported, dispatched or delivered to a client in the UK. UK to UK client = SR UK to UK client = SR UK to UK client = SR UK to UK client = SR UK to non-UK EU client = ZR if EU client is VAT registered in another member state UK to non-UK EU client = ZR if EU client is VAT registered in another member state UK to non-UK EU client = ZR if EU client is VAT registered in another member state UK to non-UK EU client = ZR if EU client is VAT registered in another member state UK to non-EU client = ZR UK to non-EU client = ZR UK to non-EU client = ZR UK to non-EU client = ZR 6.6 Collection/Trans port Fees These are charged to clients when the client collects the metal, rather than it being delivered to them. UK to UK client = SR UK to UK client = SR UK to UK client = SR UK to UK client = SR UK to non-UK EU client = ZR if EU client is VAT registered in another member state UK to non-UK EU client = ZR if EU client is VAT registered in another member state UK to non-UK EU client = ZR if EU client is VAT registered in another member state UK to non-UK EU client = ZR if EU client is VAT registered in another member state UK to non-EU client = ZR UK to non-EU client = ZR UK to non-EU client = ZR UK to non-EU client = ZR

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding