Effect of service of summons
51.06 Effect of service of summons
(1) If, without the authority of the Court, a government or corporation served with a charging summons:
(a) causes or permits any of the securities to which the charging summons relates to be transferred; or
pays to a person a dividend or interest on any of the securities,
it is liable to pay to the judgment creditor an amount equal to the value of the securities transferred or the dividend or interest paid, or so much of that value as is sufficient to pay the judgment debt.
(2) A disposition by the judgment debtor of his or her interest in any of the securities to which a charging summons relates made:
after the service of the summons on the judgment debtor; and
before the application for the charging order is heard,
is invalid as against the judgment creditor unless the Court orders otherwise.
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