Victorian Current Acts Victorian Current Acts(1) This section applies to a bank or co-operative if—
S. 82(1)(a) amended by No. 59/2017 s. 81(2).
(a) the Director has made an attachment of debts direction in respect of a fine defaulter who holds an account in the ADI or co-operative in which a debt is due or accruing as specified in section 79; and
S. 82(1)(b) amended by No. 59/2017 s. 81(3).
(b) the Director serves the ADI or co-operative with a copy of the attachment of debts direction made in respect of the fine defaulter who holds the account.
S. 82(2) amended by No. 59/2017 s. 81(4).
(2) An ADI or co-operative must deduct from the account held by the fine defaulter in respect of whom the attachment of debts direction has been made, the amount specified in the direction on receipt of a deposit made by the garnishee.
Penalty: 60 penalty units.
S. 82(3) amended by No. 59/2017 s. 81(4).
(3) An ADI or co-operative must pay the money deducted under subsection (2) to the Director within 2 days after the deposit made by the garnishee.
Penalty: 60 penalty units.
S. 82(4) amended by No. 59/2017 s. 81(4)(5).
(4) An ADI or co-operative must ensure that the fine defaulter in respect of whom the attachment of debts direction has been made is unable to access the money deposited by the garnishee until the ADI or co-operative has deducted the amount for payment to the Director as specified in the direction.
Penalty: 60 penalty units.