Section 128JBankruptcy Act 1966 (Cth)

Power of Court to set aside superannuation account‑freezing notice

(1) If the Court, on application by:

(a) a person to whom a superannuation account‑freezing notice has been given; or

(b) the member whose superannuation interest is affected by a superannuation account‑freezing notice; or

(c) any other interested person;

is satisfied that the Official Receiver did not have reasonable grounds to believe that:

(d) the relevant transaction is void against the trustee of a bankrupt’s estate under section 128B or 128C; and

(e) either:

(i) the whole or a part of the relevant member’s superannuation interest is attributable to the transaction; or

(ii) the trustee of the bankrupt’s estate has made an application for a section 139ZU order that relates to the transaction and the relevant member’s superannuation interest;

the Court may make an order setting aside the notice.

(2) A superannuation account‑freezing notice that has been set aside is taken not to have been given.

Sourced from the Federal Register of Legislation at 26 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

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