Commonwealth Consolidated Acts

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BANKRUPTCY ACT 1966 - SECT 186LC

Power of court to set aside account - freezing notices

  (1)   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.

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



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