Use of restrained property to meet liability

Current

(1)

A person who is liable under Part 6 to pay an amount to the

Territory may transfer property (whether or not the property is subject to a restraining order under this Act) to the Territory to satisfy the liability wholly or in part.

(2)

If part or all of the amount payable to the Territory is not paid within the time specified in section 87(1), any property that is subject to a restraining order under this Act and that is owned or effectively controlled by the person liable to the Territory is available for satisfying the person's liability to the extent possible.

This Act’s bill:Second reading speech

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88 Use of restrained property to meet liability