CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 7 - SECURITIES
PART 7.6 - MONEY AND SCRIP OF DEALERS' CLIENTS
SECTION 875
INTERIM ORDER FREEZING BANK ACCOUNTS
875(1)
[Court may grant interim order]
Before considering an application under section
874, the Court may, if it considers it desirable to do so, grant an interim order that is an order of the kind applied for and is expressed to apply until the application is determined.
875(2)
[Undertaking as to damages]
The Court shall not require the Commission or any other person, as a condition of granting an order under subsection
(1), to give an undertaking as to damages.