Charging orders

184 Charging orders

(1)

A person who has obtained a judgment or an order for the payment of money may apply to the court in accordance with the rules for a charging order.

(2)

The court may make a charging order in respect of any of the following property:

(a)

any estate, right, title, or interest in possession, remainder, reversion, or expectancy, whether vested or contingent, in any land held by the judgment debtor in the judgment debtor’s own name:

(b)

any right or interest of the judgment debtor in any partnership:

(c)

any shares held by the judgment debtor in any company incorporated in New Zealand or having an office in New Zealand in which transfers of shares may be registered:

(d)

any estate, right, or interest in possession, remainder, reversion, or expectancy, whether vested or contingent, in any land, or in any money, shares, or other chattels held under or by virtue of any express or implied trust for the judgment debtor.

(3)

A charging order must specify the property charged with sufficient detail to identify it.

Compare: 1947 No 16 s 96A(1), (1A), (3)