Is the change in trade name of a material considered a "like-for-like" change?
Please explain what you mean by a "like-for-like" change in English.
Is it an equivalent (i.e. identical?"?
For example, if I change an old piece of equipment with a new piece which has exactly the same specifications as the old one, then it is an equivalent change.
In this case, I think it is not an equivalent change?
To determine whether a change in trade name of a material is considered a "like-for-like" change, you need to consider the definition and purpose of a "like-for-like" comparison.
A "like-for-like" comparison refers to a comparison between two similar products or materials. The purpose of such a comparison is to assess whether one product or material is a suitable substitute for another, often in terms of quality, specifications, performance, or other relevant factors.
In the case of a change in trade name, you need to examine the changes that have occurred beyond just the name. A change in trade name alone may not necessarily imply a change in the essential properties or characteristics of the material. Therefore, if the only change is in the trade name, and all the physical, chemical, and performance properties of the material remain the same, it is generally considered a "like-for-like" change.
However, it is important to note that it ultimately depends on the specific circumstances and regulations governing the product or industry in question. Different industries or jurisdictions may have specific guidelines or requirements that determine whether a change in trade name is considered a "like-for-like" change.
To ascertain the exact classification, you should consult the relevant industry standards, regulatory bodies, or legal requirements applicable to the material in question. By examining the specific criteria outlined within those sources, you can determine if the change in trade name alone qualifies as a "like-for-like" change.