Western Australian Current Acts

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CIVIL JUDGMENTS ENFORCEMENT ACT 2004 - SECT 46

46 .         Available debt in relation to a judgment debtor

        (1)         An available debt in relation to a judgment debtor is any obligation on the part of a person to pay money to the debtor alone, or to the debtor jointly with another or others, which obligation, at the time a debt appropriation order is made —

            (a)         is current and unconditional, irrespective of whether the money or any part of it is payable at some future time; or

            (b)         will arise on the fulfilment of one or more conditions under —

                  (i)         an existing agreement or trust; or

                  (ii)         the will of a deceased person; or

                  (iii)         an issued share or other marketable security;

                or

            (c)         may arise in respect of an existing cause of action; or

            (d)         is imposed by a written law and is likely to arise as a result of an event that has occurred.

        (2)         The following are not available debts in relation to a judgment debtor —

            (a)         earnings that are or may be payable to the debtor;

            (b)         money standing to the credit of the debtor in a court;

            (c)         money that is payable to the debtor as a trustee and in which the debtor does not have a beneficial interest, unless the judgment concerned was given against the debtor as that trustee.



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