Section 844E — Corporations Act 2001 (Cth)

Suspension of enforcement process

(1) While section 842A applies to a body corporate, no enforcement process in relation to property of the body corporate can be begun or proceeded with, except:

(a) with the leave of the Court; and

(b) in accordance with such terms (if any) as the Court imposes.

(2) If a person applies for the leave of the Court under subsection (1), the person must, in writing, notify the Reserve Bank.

(3) The Reserve Bank is entitled to be heard on the application to the Court.

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 844B — Restrictions on exercise of third party property rights
s 844C — Stay of proceedings
s 844D — Reserve Bank and statutory manager not liable in damages for refusing consent
s 844F — Duties of court officer in relation to property of a body corporate
s 845A — General power to make orders
s 846A — Authorising arrangements for the purposes of crisis resolution

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