Power to defer removal of property seizedN.I.
35. An enforcement officer executing an order of seizure may label or otherwise identify any property seized in pursuance of the order and may defer the removal of the property upon his receiving in writing—
(a)an admission by the debtor that the property in question is in his possession, and
(b)an undertaking by the debtor to pay the amount recoverable on foot of the judgment, or a substantial part of it, by a date specified in the undertaking.