Posted by angie on Sunday, September 25, 2011 at 4:48pm.
Is the change in trade name of a material considered a "like-for-like" change?
General-English - Ms. Sue, Sunday, September 25, 2011 at 4:52pm
Please explain what you mean by a "like-for-like" change in English.
General-English - angie, Sunday, September 25, 2011 at 5:13pm
Is it 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 if the change in trade name of a material is considered a "like-for-like" change, you need to compare the new trade name to the old one and see if they are equivalent or identical in terms of their specifications.
For example, let's say you have an old piece of equipment with a trade name "ABC" and you want to replace it with a new piece that has a different trade name "XYZ". To determine if this change is "like-for-like," you need to compare the specifications of both pieces. If the new piece "XYZ" has exactly the same specifications as the old piece "ABC" - meaning it functions the same way, has the same features, and meets the same requirements - then it can be considered an equivalent change, and therefore a "like-for-like" change.
However, if the new piece "XYZ" has different specifications, even if it is a similar type of equipment, then it would not be considered a "like-for-like" change.
In the specific case you mentioned where a trade name of a material is changed, it would depend on whether the new trade name represents a material with exactly the same specifications as the old one. If the specifications remain the same, then it can be considered a "like-for-like" change. Otherwise, it would not be equivalent and hence not a "like-for-like" change.