sec.10Court order about payment or other dealing

sec.10 Court order about payment or other dealing

This section applies if a person obtains a court order that money in court or securities in court be dealt with in a particular way or that the chief executive make a particular payment. The person must give a copy of the order to the registrar. On receiving the copy, the registrar must give a copy to the chief executive. On receiving the copy, the chief executive must deal with the money in court or securities in court, or make the payment, in accordance with the court order. In this section— dealt with means paid, invested or sold. (sec.10-ssec.1) This section applies if a person obtains a court order that money in court or securities in court be dealt with in a particular way or that the chief executive make a particular payment. (sec.10-ssec.2) The person must give a copy of the order to the registrar. (sec.10-ssec.3) On receiving the copy, the registrar must give a copy to the chief executive. (sec.10-ssec.4) On receiving the copy, the chief executive must deal with the money in court or securities in court, or make the payment, in accordance with the court order. (sec.10-ssec.5) In this section— dealt with means paid, invested or sold.