Victorian Numbered Regulations

SUPREME COURT (GENERAL CIVIL PROCEDURE) RULES 2015 (SR NO 103 OF 2015) - REG 76.03

    (1)     An order for sequestration shall appoint not less than four persons as sequestrators and provide that the sequestrators, or any two or more of them, be authorised and directed to—

        (a)     enter upon and take possession of the real and personal estate of the person bound; and

        (b)     collect, receive and get into their hands the rents and profits of the real and personal estate of the person bound; and

        (c)     keep them under sequestration in their hands until the person bound complies with the judgment to be enforced by sequestration or until further order.

    (2)     Where the person bound is a corporation and an order is made for the sequestration of the property of an officer of the corporation (whether or not an order for sequestration is also made against the corporation), the order—

        (a)     shall give the same authority and direction to the sequestrators with respect to the real and personal estate of the officer as in the case of an order against a corporation; and

        (b)     shall provide that the sequestrators shall keep that estate under sequestration in their hands until the corporation complies with the judgment to be enforced by sequestration or until further order.

    (3)     The Court may discharge an order for sequestration.