180
In forceSeizure of property subject to security
Chapter 5Investigation and enforcement
Part 3Other authorised officers’ powers and related matters
Division 3Seizure by authorised officers and forfeiture
Subdivision 1Power to seize
180 Seizure of property subject to security
(1)
An authorised officer 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 authorised officer or a person acting under the direction or authority of the authorised officer.
This Act’s bill:Explanatory memorandumSecond reading speech
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