131Permitted dealings in respect of mortgaged or leased property

### 131 Permitted dealings in respect of mortgaged or leased property > [*\[Section 131 Inserted by No. 60 of 2013, s. 12, Applied:01 Mar 2014\]*](/view/html/inforce/2014-03-01/act-2013-060#GS12@EN) > > > (1)  If property that is mortgaged is subject to a specified restraining order, this Part does not prevent – > > > > > > (a) the mortgagor from making payments to the mortgagee in accordance with the mortgage if the payments are made with money that is not subject to a specified restraining order; or > > > > > > > (b) the mortgagee from accepting payments from the mortgagor in accordance with the mortgage; or > > > > > > > (c) the issue of a notice of default by a mortgagee, and the exercise of the mortgagee's rights, under the terms of the mortgage or as specified in legislation. > > > (2)  If property that is leased is subject to a specified restraining order, this Part does not prevent – > > > > > > (a) the tenant from making payments to the landlord in accordance with the lease if the payments are made with money that is not subject to a specified restraining order; or > > > > > > > (b) the landlord from accepting payments from the tenant in accordance with the lease; or > > > > > > > (c) the renewal of a pre-existing lease agreement over land; or > > > > > > > (d) the issue of a notice of default by a landlord, and the exercise of the landlord's rights, under the terms of the lease or as specified in legislation.