CIVIL PROCEDURE ACT 2005 - SECT 122C
Operation of garnishee order in relation to rental income
CIVIL PROCEDURE ACT 2005 - SECT 122C
Operation of garnishee order in relation to rental income
122C Operation of garnishee order in relation to rental income
(1) Subject to section 122E and the uniform rules , a garnishee order operates
to attach, to the extent of the amount outstanding under the judgment -- (a)
any rent for the property to which the unpaid contribution relates that, while
the order is in force, is held by a real estate agent in a trust account for
the benefit of the judgment debtor , or (b) if the judgment debt becomes the
subject of an instalment order , such amounts from any such rent as are
equivalent to the instalments payable under the instalment order . (2) An
instalment order with respect to a judgment debt the subject of a
garnishee order takes effect in relation to the amounts payable under the
garnishee order as from the time the instalment order is served on the
garnishee . (3) A garnishee order ceases to have effect, in relation to the
rent held for the benefit of a judgment debtor , when the judgment debt is
satisfied.
http://www.austlii.edu.au/au/legis/nsw/consol_act/cpa2005167/s122c.html