Section 983B — Corporations Act 2001 (Cth)

Interim order freezing accounts

(1) Before considering an application under section 983A, the Court may, if it considers it desirable to do so, grant an interim order that is an order of the kind applied for and is expressed to apply until the application is determined.

(2) The Court must not require ASIC or any other person, as a condition of granting an order under subsection (1), to give an undertaking as to damages.

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 982C — Licensee to give client statement setting out terms of loan etc.
s 982D — Permitted use of loan
s 983A — Court may freeze certain accounts
s 983C — Duty of person to whom order directed to make full disclosure
s 983D — Further orders and directions
s 983E — Power of Court to make order relating to payment of money

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