QLDIn ForceAct
State Penalties Enforcement Act 1999
sec.66Effect of warrant imposing charge on property
Start here
Get a plain-English read of sec.66
Turn the raw legal text into a practical explanation grounded in State Penalties Enforcement Act 1999.
### sec.66 Effect of warrant imposing charge on property
An enforcement warrant imposing a charge on property entitles SPER to the same remedies as SPER would have had if the charge had been made in SPER’s favour by the enforcement debtor.
However, SPER may not take proceedings to obtain a remedy in relation to particular charged property until—
the enforcement warrant imposing the charge is served on the enforcement debtor and, for interests in managed investment schemes or securities, the person who issued or administers the interests or securities; and
21 days have passed since the later service.
s 66 amd 2001 No. 45 s 29 sch 3
(sec.66-ssec.1) An enforcement warrant imposing a charge on property entitles SPER to the same remedies as SPER would have had if the charge had been made in SPER’s favour by the enforcement debtor.
(sec.66-ssec.2) However, SPER may not take proceedings to obtain a remedy in relation to particular charged property until— the enforcement warrant imposing the charge is served on the enforcement debtor and, for interests in managed investment schemes or securities, the person who issued or administers the interests or securities; and 21 days have passed since the later service.
- (a) the enforcement warrant imposing the charge is served on the enforcement debtor and, for interests in managed investment schemes or securities, the person who issued or administers the interests or securities; and
- (b) 21 days have passed since the later service.