116
CurrentEffect of expiry of writ
Part 8Enforcement of judgments and orders
Division 2Writs for the levy of property
Subdivision 3General
116 Effect of expiry of writ
Subject to section 135—
(a)
the expiry of a writ for the levy of property does not affect any agreement for sale or other transaction entered into under the authority of the writ before that expiry, and
(b)
any action necessary to complete that sale or give effect to that transaction may be taken as if the writ were still in force.
This Act’s bill:Explanatory memorandumSecond reading speech
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