The Act
Part 3 – Attachment of Articles Kept in Dwellinghouses: Special Procedure
Section 56 – Redemption
110.Section 56 provides for the redemption of non-essential assets within 7 days of the date on which they were attached. Redemption will be at an amount which the asset is likely to fetch if sold on the open market, according to the values attributed by the officer under Section 51 or by the specialist valuer under Section 54(1).
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