Appropriation and Default

This module will provide you with an understanding of how the default date is determined. We will discuss what factors may affect the default date, and we will explain just how the C&F and CIF appropriation and default clauses work together.

By the end of this module, the learner should be able to:

  • Explain the need to ascertain the goods for bulk commodities
  • Discuss the contents of the Notice of Appropriation.
  • Understand the Gafta Appropriation clause and its relationship with the Gafta Default clause in CIF contracts.
  • Understand how damages are calculated.

Fees

  Member Fee Non-Member Fee
Individual Modules £50.00 £70.00
   

All payments must be made by credit card - unpaid bookings will NOT be processed

Online

Member Rate: £50

Non-Member Rate: £70