South Australian Current Acts South Australian Current Acts19—Notice of freezing order to be given to financial institution
(1) A freezing order
issued in relation to an account at a financial institution takes effect on
the date and at the time that notice of the order is given to the
financial institution in accordance with this section.
(2) Notice of a
freezing order may be given to a financial institution—
(a) by
giving the financial institution a copy of the freezing order; or
(b) if
the applicant for the order was not given a copy of the order at the time the
order was made—by giving the financial institution a notice in the
prescribed form.
(3) If notice of a
freezing order is not given to the relevant financial institution within
72 hours after the order was made, the order will be of no force or
effect.