(1)  If property that is mortgaged is subject to a specified restraining order, this Part does not prevent –

(a) the mortgagor from making payments to the mortgagee in accordance with the mortgage if the payments are made with money that is not subject to a specified restraining order; or

(b) the mortgagee from accepting payments from the mortgagor in accordance with the mortgage; or

(c) the issue of a notice of default by a mortgagee, and the exercise of the mortgagee's rights, under the terms of the mortgage or as specified in legislation.

(2)  If property that is leased is subject to a specified restraining order, this Part does not prevent –

(a) the tenant from making payments to the landlord in accordance with the lease if the payments are made with money that is not subject to a specified restraining order; or

(b) the landlord from accepting payments from the tenant in accordance with the lease; or

(c) the renewal of a pre-existing lease agreement over land; or

(d) the issue of a notice of default by a landlord, and the exercise of the landlord's rights, under the terms of the lease or as specified in legislation.