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PART VN.I.ENFORCEMENT ORDERS

Enforcement against Government funds, stocks, etc.N.I.

Effect of order made under Article 58N.I.

59.—(1) An order made under Article 58 shall from the time of service of a copy thereof have effect so as to—

(a)require that all dividends or interest accruing be paid to the owner of the charge or to the Office as the order may direct;

(b)restrain the registrar of Government funds or stock, or the local authority, public undertaking or public company, as the case may require, from dealing with such funds, stock or shares, or the produce thereof, save in accordance with the provisions of this Article.

(2) Service under paragraph (1) shall be effected on the registrar of Government funds or stock or, as the case may require, on the local authority, public undertaking or public company.