Application for order restraining transfer or removal of property
13 Application for order restraining transfer or removal of property
(1) Subject to this Act, a person may, at any time, apply to a Court for an order restraining:
(a) the transfer of any of the property of the debtor situated in the Territory; or
(b) the removal of any of the property of the debtor out of the Territory.
(1A) Where an application under subsection (1)(a) relates to property the value of which, in the opinion of the applicant, is not more than the Local Court's jurisdictional limit, the application must be made to the Local Court and, in any other case, to the Supreme Court.
An application under subsection (1) must be:
in the prescribed form; and
(b) supported by an affidavit as to the matters in relation to which the Court is, under section 14(2), required to be satisfied.
This provision refers to the regulations (prescribed form
). Made under this Act:
This Act’s bill:Second reading speech
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