Section 823U — Corporations Act 2001 (Cth)

All Reserve Bank directions—injunctions

(1) The Reserve Bank has the same powers as ASIC to apply for an injunction under section 1324 in relation to a provision of this Part.

(2) The Reserve Bank may so apply itself or jointly with ASIC.

Sourced from the Federal Register of Legislation at 17 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 823R — Recapitalisation directions—exceptions to Part IV of the Competition and Consumer Act 2010
s 823S — Directions to preserve stability in the Australian financial system—relationship with other provisions
s 823T — All Reserve Bank directions—publishing details about directions
s 823V — Exercise of Reserve Bank powers to give directions under section 823F not grounds for denial of obligations
s 823W — All ASIC and Reserve Bank directions etc. under this Part—failure by officers to take reasonable steps to ensure compliance
s 823X — All ASIC and Reserve Bank directions under this Part—protection from liability for compliance in good faith

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