BANKRUPTCY ACT 1966

PART IX - DEBT AGREEMENTS  

Division 8 - Registration of debt agreement administrators etc.  

Subdivision C - Surrender and cancellation of registration as a debt agreement administrator  

SECTION 186LC   POWER OF COURT TO SET ASIDE ACCOUNT-FREEZING NOTICES  

186LC(1)   [ When Court may set aside notice]  

If the Court, on application by:


(a) a bank to whom an account-freezing notice has been given; or


(b) the account-holder whose account is affected by an account-freezing notice; or


(c) any other interested person;

is satisfied that the Inspector-General was not authorised to give the notice, the Court may make an order setting aside the notice.

186LC(2)   [ Set aside notice]  

An account-freezing notice that is set aside is taken not to have been given.




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