Frozen property, use of to meet liability under s. 14, 20 or 24
26 Frozen property, use of to meet liability under s. 14, 20 or 24
Frozen property owned by a respondent may be taken, with the respondent’s consent, in payment or part‑payment of an amount payable by the respondent under section 14, 20 or 24.
However, if part or all of the amount payable by the respondent is not paid within the time allowed under section 25(1), then despite any other provision of this Act, any frozen property that is owned by the respondent is available for the purpose of satisfying the respondent’s liability as if the property had been taken from the respondent’s possession under a writ, warrant or other process of execution.
Nothing in subsection (1) or (2) limits any other means of satisfying a debt due to the State under section 25(3).
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