How debt recovery action is suspended
77 How debt recovery action is suspended
The Chief Commissioner suspends debt recovery action by—
revoking any property seizure order that is in force in relation to the State debt and has not been executed, and
revoking any garnishee order that is in force in relation to the State debt.
If the Chief Commissioner suspends debt recovery action, any property obtained as a result of debt recovery action is not required to be returned, and a charge on land created under this Act need not be cancelled, unless the relevant debt recovery order is revoked or the relevant State debt is paid.
Interest on an unpaid State debt is not to be charged in respect of any days occurring while the suspension has effect.
The Chief Commissioner must give notice in writing of the suspension of debt recovery action—
to the Sheriff, if a property seizure order has already been made in relation to the State debt, and
to any person on whom a garnishee order that is revoked as a result of the suspension is required to be served.
This Act’s bill:Second reading speech
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