Code of Organization and Civil Procedure (Cap. 12)

Code of Organization and Civil Procedure (Cap. 12), article 426

Official PDF on legislation.mt

426. The obligation of the surety referred to in article 423 shall remain in force - (a) if the money deposited in court is derived from the sale of immovable property, until such time as the right of action to which the immovable property may be subject is exercisable; (b) if the money deposited in court is derived from the sale of any ship, for a period of one year; (c) if the money deposited in court is derived from any other source, until such time as the person making the deposit may be liable to any molestation against which he is entitled to be secured. When condition requiring a surety is not operative.

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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.