The Act Miscellaneous Part 7 – Interim Attachment Section 173 – Interim attachment
513.Section 173 inserts a new Part 1A into the 2002 Act (after section 9).
514.Part 2 of the 2002 Act established the diligence of attachment in execution to replace the former diligence over the corporeal moveable property of debtors (poinding). Part 1A provides for attachment (known as “interim attachment”) on the dependence. Interim attachment will allow a creditor to attach a debtor’s tangible assets (also known as corporeal moveable property) on the dependence of a court action for payment.