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The Corporations Act Section 1020F, states that ASIC may exempt...

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    The Corporations Act Section 1020F, states that ASIC may exempt any company from requirements and trading of securities of a company in relation to short selling as amended by the Corporations amendment (Short Selling) act 2008.
    https://hotcopper.com.au/data/attachments/4047/4047676-53c58f6231271a52a32d3e0b5bb24ac9.jpg

    So it would appear that a company can apply to ASIC to restrict short selling on its shares.
 
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