Australian Capital Territory Current Regulations

COURT PROCEDURES RULES 2006 - REG 2338

    (1)     A regular redirection order ceases to have effect when—

        (a)     the order debt is satisfied; or

        (b)     the regular redirection order is set aside or ends in accordance with its terms.

    (2)     If a regular redirection order ceases to have effect otherwise than because of an order the enforcement creditor is required under these rules to serve on the financial institution, the enforcement creditor must give notice to the financial institution that the regular redirection order has ceased to have effect.

    (3)     The enforcement creditor must file a copy of the notice in the court.

    (4)     If a regular redirection order ceases to have effect, the financial institution does not incur any liability by treating the order as still in force at any time before the end of 7 days after the day either of the following is given to the financial institution:

        (a)     a sealed copy of the order because of which the regular redirection order ceases to have effect;

        (b)     the notice mentioned in subrule (2).