Section 186LC — Bankruptcy Act 1966 (Cth)

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.

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.

Related sections

s 186L — Cancellation of a company’s registration as a debt agreement administrator
s 186LA — Inspector‑General may obtain information about debt agreement administration trust accounts
s 186LB — Account‑freezing notices—debt agreement administration trust accounts
s 186LD — Judicial enforcement of account‑freezing notices
s 186LE — Protection of bank
s 186N — Return of certificate of registration

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