- Laws of Fiji

Last Updated: 1 August 2020

2 Order imposing charge on securities (O 50, R 2)

(1) The Court may for the purpose of enforcing a judgment or order for the payment of an ascertained sum of money to a person, 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 judgment or interest 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 any enactment; and
(b)any dividend or interest payable on such stock.

(4) In this Order “government stock” means any stock issued by the government in Fiji or any funds of or annuity granted by that government, and “stock” includes shares, debentures and debenture stock.