Attachment of property

Where the Registrar is satisfied that any person, with intent to defraud or delay the execution of any order that may be made under section 69 or 76 or any decision that may be given in a dispute referred to the Registrar or to any Arbitrator, is about to dispose of the whole or any part of his property, the Registrar may, unless adequate security is furnished, apply to the magistrate of the district in which the property is situated for an 72 Credit Unions Act order for the conditional attachment of such property and the magistrate may, if he considers it to be in the interests of justice, make such an order.