878
CurrentIssuer dealing with charged property
Chapter 19Enforcement of money orders
Part 8Enforcement warrants for charging orders
878 Issuer dealing with charged property
(1)
After being served with an enforcement warrant imposing a charging order, the person who issued or administers the charged property must not sell, transfer or otherwise deal with the property.
(2)
If, despite subrule (1), the person who issued or administers the charged property sells, transfers or otherwise deals with the property, the person is liable to the enforcement creditor for the value or amount of the charged property dealt with or the order debt, whichever is smaller.
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