C1C2C3F1PART 73CHARGING ORDERS, STOP ORDERS AND STOP NOTICES
Pts. 70-74 applied (with modifications) (30.12.2005) by The Family Procedure (Adoption) Rules 2005 (S.I. 2005/2795), rule 5(5)
Pt. 73 applied (with modifications) (6.4.2011) by The Family Procedure Rules 2010 (S.I. 2010/2955), rule 33.25 (with rules 2.1, 33.1(1)) (as amended (22.4.2014) by S.I. 2014/667, rules 1, 43 (with rule 45)
Pt. 73 applied (with modifications) (1.12.2017) by The Court of Protection Rules 2017 (S.I. 2017/1035), rules 24.2(d), 24.6(1)
F2SECTION I. CHARGING ORDERS
Rules 73.1-73.10C substituted for rules 73.1-73.10 (6.4.2016) by The Civil Procedure (Amendment) Rules 2016 (S.I. 2016/234), rules 2, 14, Sch. 1 (with rule 24)
Effect of interim order in relation to securities73.8
1
If a judgment debtor disposes of their interest in any securities while they are subject to an interim charging order which has been served on them, that disposition will not, so long as that order remains in force, be valid as against the judgment creditor.
2
A person served under rule 73.7(7)(f) with an interim charging order relating to securities must not, unless the court gives permission—
a
permit any transfer of any of the securities; or
b
pay any dividend, interest or redemption payment relating to them.
3
If a person acts in breach of paragraph (2), that person will be liable to pay to the judgment creditor—
a
the value of the securities transferred or the amount of the payment made (as the case may be); or
b
if less, the amount necessary to satisfy the debt in relation to which the interim charging order was made.
Pt. 73 inserted (25.3.2002) by The Civil Procedure (Amendment No. 4) Rules 2001 (S.I. 2001/2792), rule 1(c), Sch. 4 (with savings in rule 24 and S.I. 2001/4015, rule 43(2))