(1) In considering an application for sequestration, the Court must be satisfied that:
(a) if the obligation to be enforced arises under an order--the payer has been served with the order to be enforced; and
(b) the payer has refused or failed to comply with the obligation; and
(c) an order for sequestration is the most appropriate method of enforcing the obligation.
(2) On appointing a sequestrator, the Court may:
(a) authorise and direct the sequestrator:
(i) to enter and take possession of the payer's property or part of the property; and
(ii) to collect and receive the income of the property, including rent, profits and takings of a business; and
(iii) to keep the property and income under sequestration until the payer complies with the obligation or until further order; and
(b) fix the remuneration of the sequestrator.
Note: For rules relating to the enforcement of obligations other than an obligation to pay money, see Subdivision 25B.2.7.