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Rule 8.11 Order imposing charge on securities

Northern Ireland

(1)

The court may for the purpose of enforcing a matrimonial order [f1 or a civil partnership order] by order impose on any interest to which the judgment debtor is beneficially entitled in such of the securities to which this rule applies as may be specified in the order a charge for securing payment of the amount due under the order and interest thereon.

(2)

Any such order shall in the first instance be an order to show cause, specifying the time and place for further consideration of the matter and imposing the charge until that time in any event.

(3)

The securities to which this rule applies are—

(a)

any Government stock, and any stock of any company registered under the Companies (Northern Ireland) Order 1986f2 including any such stock standing in the name of the Accountant General, and

(b)

any dividend of or interest payable on such stock.

Annotations

Footnotes

f1

Words inserted by S.R. 2005 No. 497 with effect from 05.12.05

f2

S.I. 1986/1032 (N.I. 6)