Code of Organization and Civil Procedure (Cap. 12)
Code of Organization and Civil Procedure (Cap. 12), article 353
353. (1) If the debtor offers for auction movable property
sufficient to meet the claim of the creditor without any obstac le or
difficulty, the auction of the immovable property or of a
commercial going concer n shall be suspended.
Substitution of
other immovable
property for the
immovable
property put up for
sale.
(2) The auction of the immovable property or commercial
going concern stated by the cred itor shall likewise be suspende d, if
the debtor offers other immovable property sufficient to meet t he
claim of the creditor without any obstacle or difficulty.
CODE OF ORGANIZATION AND CIVIL PROCEDURE [CAP. 12. 111
Execution of a
judgement of the
Court of
Magistrates
(Malta) on
immovable
property.
Amended by:
XV .1913.89;
II.1940.6;
XXII.1976.4;
XIII.1983.5;
XII.1985.11;
VIII.1990,3;
XXIV .1995.172.
Substituted by:
XXXI.2002.135;
XIV .2006.52.
Amended by:
IV .2016.15.
Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.