128Disposal of security interest by judgment debtor invalid

#### 128 Disposal of security interest by judgment debtor invalid 128 Disposal of security interest by judgment debtor invalid (cf Act No 8 1901, section 30) > While a charging order is in force, any purported transfer or disposal by the judgment debtor of a security interest charged by the order, being a transfer or disposal effected otherwise than in accordance with the directions of the judgment creditor, is of no effect as against the judgment creditor. > > **pt 2A, divs 1–6 (ss 18A–18O):** Ins 2010 No 135, Sch 6.2 \[2\]. Rep 2013 No 1, Sch 1.6 \[2\].