Securities and Futures Act 2001 · 2020 Revised Edition · Part 3 · Clearing Facilities
81K. Enforcement of judgments over property subject to market charge, etc.
Feedback & supportLast amended by an amending law of 2021. 2 amendments in all.
Where, whether before, on or after 1 August 2013, any property is subject to a market charge or has been provided as market collateral, no enforcement order or other legal process for the enforcement of any judgment or order may be commenced or continued, and no distress may be levied, against the property by a person not seeking to enforce any interest in, or security over, the property, except with the consent of the approved clearing house or recognised clearing house in favour of which the market charge was granted.
property
“property” includes property, right and power of every description;
Where by virtue of this section a person would not be entitled to enforce a judgment or an order against any property, any injunction or other remedy granted by any court with a view to facilitating the enforcement of any such judgment or order does not extend to that property.