163
CurrentSeizure of property subject to security
Chapter 5Monitoring and enforcement
Part 4Other inspectors’ powers and related matters
Division 3Seizure by inspectors and forfeiture
Subdivision 1Power to seize
163 Seizure of property subject to security
(1)
An inspector may seize a thing, and exercise powers relating to the thing, despite a lien or other security over the thing claimed by another person.
(2)
However, the seizure does not affect the other person’s claim to the lien or other security against a person other than the inspector or a person acting under the direction or authority of the inspector.
This Act’s bill:Explanatory memorandumSecond reading speech
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