Northern Territory Consolidated Acts

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CRIMINAL PROPERTY FORFEITURE ACT - SECT 57

Permitted dealings in mortgaged property

57. Permitted dealings in mortgaged property

If property that is mortgaged becomes subject to a restraining order, this Act does not -

(a) prevent the mortgagor from making payments to the mortgagee in accordance with the mortgage if the payments are made with money that has not been seized or restrained; or

(b) prevent the mortgagee from accepting payments from the mortgagor in accordance with the mortgage.



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