Paragraph 7 Effect of appointment of administrator on diligenceI1

An arrestment or F1attachment of realisable property or specified property, as the case may be, executed on or after the appointment of an administrator does not create a preference for the arrester or attacher.

Any realisable property or specified property so arrested or F2attached, or (if the property has been sold) the proceeds of sale, must be handed over to the administrator.

A poinding of the ground in respect of realisable property or specified property on or after such appointment is ineffectual in a question with the administrator except for the interest mentioned in sub-paragraph (4).

That interest is—

On and after such appointment no other person may raise or insist in an adjudication against realisable property or specified property or be confirmed as executor – creditor on that property.

An inhibition on realisable property or specified property which takes effect on or after such appointment does not create a preference for the inhibitor in a question with the administrator.

This paragraph is without prejudice to articles 61 and 62.

In this paragraph, the reference to an administrator is to an administrator appointed under article 73(2).