New South Wales Repealed Acts

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This legislation has been repealed.

JUDGMENT CREDITORS' REMEDIES ACT 1901 - SECT 33

Securities not realised to be relinquished if person taken in execution

33 Securities not realised to be relinquished if person taken in execution

If any judgment creditor, who under the powers of this Part of this Act has obtained any such charge or is entitled to the benefit of any security whatsoever, afterwards and before the property so charged or secured has been converted into money or realised and the produce thereof applied towards payment of the judgment debt, causes the person of the judgment debtor to be taken or charged in execution upon such judgment, then such judgment creditor shall be deemed to have relinquished all right and title to the benefit of such charge or security, and shall forfeit the same accordingly.



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