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CIVIL PROCEDURE ACT 2005 - SECT 128 Disposal of security interest by judgment debtor invalid

CIVIL PROCEDURE ACT 2005 - SECT 128

Disposal of security interest by judgment debtor invalid

128 Disposal of security interest by judgment debtor invalid

(cf Act No 8 1901, section 30)

While a charging order is in force, any purported transfer or disposal by the judgment debtor of a security interest charged by the order, being a transfer or disposal effected otherwise than in accordance with the directions of the judgment creditor, is of no effect as against the judgment creditor.