The Act Schedule 3 – Expenses of Money Attachment (Introduced by Section 196) Part 10 – Arrestment in Execution and Action of Furthcoming New section 73P – Arrestee not liable for funds released in good faith
715.Section 73P makes it clear that arrestees are not liable to the debtor or any other interested party where they release funds in good faith to a creditor because the arrestee was unaware that the warrant in execution of which the arrestment was executed was invalid or the arrestment was incompetently or irregularly carried out.