Queensland Consolidated Acts

CIVIL PROCEEDINGS ACT 2011 - SECT 97

97 Account with financial institution

(1) An amount standing to the credit of an enforcement debtor in an account in a financial institution is, for enforcing a money order, a debt payable to the enforcement debtor, even if any of the following conditions applicable to the account have not been satisfied—

(a) a condition requiring a demand or notice to be made before an amount is withdrawn;

(b) a condition requiring a personal application to be made before an amount is withdrawn;

(c) a condition requiring the production of a deposit book or a receipt for an amount deposited in the account before an amount is withdrawn;

(d) a similar condition.

(2) Subsection (1) applies, with any changes necessary, to an amount placed to the credit of an enforcement debtor in an account in a financial institution between the date of the enforcement warrant ordering the redirection and any hearing deciding the validity of the warrant.