Article 46L Restrictions on proceedings and remediesF1

While an interim freezing order has effect the Court of Session may sist any action, execution or other legal process in respect of the property to the order applies.

If a court (whether the Court of Session or any other court) in which proceedings are pending in respect of any property is satisfied that an interim freezing order has been applied for or made in respect of the property, it may—

Before exercising a power conferred by this article, the court must (as well as giving the parties to any proceedings an opportunity to be heard) give an opportunity to any person who may be affected by the court’s decision to be heard.