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CONVEYANCERS ACT 2006 - SECT 124 Receiver may deal with property

CONVEYANCERS ACT 2006 - SECT 124

Receiver may deal with property

    (1)     A receiver may deal with receivable property in any manner in which the relevant licensee or a relevant associate could, had the receiver not been appointed, have dealt with it.

    (2)     A receiver must, as soon as possible after receiving receivable property, vest the property in the person on whose behalf it was held by the relevant licensee or a relevant associate.