5 Extinction of title on satisfaction of claim for damages

Damages

5  Extinction of title on satisfaction of claim for damages

(1)     Where damages for wrongful interference are, or would fall to be, assessed on the footing that the claimant is being compensated—

(a)     for the whole of his interest in the goods, or

(b)     for the whole of his interest in the goods subject to a reduction for contributory negligence,

payment of the assessed damages (under all heads), or as the case may be settlement

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