Pharmacy Business Ownership Act 2024
sec.118Seizure of property subject to security
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sec.118 Seizure of property subject to security
An inspector may seize a thing, and exercise powers relating to the thing, despite a lien or other security over the thing claimed by another person. However, the seizure does not affect the other person’s claim to the lien or other security against a person other than the inspector or a person acting under the direction or authority of the inspector. (sec.118-ssec.1) An inspector may seize a thing, and exercise powers relating to the thing, despite a lien or other security over the thing claimed by another person. (sec.118-ssec.2) However, the seizure does not affect the other person’s claim to the lien or other security against a person other than the inspector or a person acting under the direction or authority of the inspector.