AustLII Tasmanian Consolidated Acts

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SUPREME COURT CIVIL PROCEDURE ACT 1932 - SECT 166

Charging order on Government stock or shares in companies belonging to judgment debtor

If any person against whom any such judgment or order as is mentioned in section 164 (1) shall have been entered up in the Court, or made by the Court, or any judge thereof, shall have any Government stock, funds, or annuities, or securities of a public authority, or stock or shares of or in any public company in this State (whether incorporated or not), standing in his name, in his own right, or in the name of any person in trust for him, it shall be lawful for a judge, on the application of any judgment creditor, to order that such stocks, funds, annuities, securities, or shares, or such of them, or such part thereof respectively, as he shall think fit, shall stand charged with the payment of the amount for which judgment shall have been so recovered or the amount ordered to be paid and interest thereon; and such order shall entitle the judgment creditor to all such remedies as he would have been entitled to if such charge had been made in his favour by the judgment debtor: Provided that no proceedings shall be taken to have the benefit of such charge until the expiration of 6 months from the date of such order.



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