Abandonment of levy or setting cause down for trial

(1) At any time within seven days after receipt of the notification of the levy being discontinued the Chief Collector may abandon the levy altogether, and thereupon shall notify the Registrar and the claimant that the levy is wholly withdrawn and that no further legal proceedings will take place. (2) If no notice of abandonment is given by the Chief Collector in the manner provided in sub-section (1) of this section, the Registrar shall set the matter down for trial at the next sitting of the Supreme Court held not later than two weeks subsequent to security being so given in accordance with the summary procedure of that court. Issued at trial.