New South Wales Consolidated Acts
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CONVEYANCERS LICENSING ACT 2003 - SECT 116
Receiver may deal with property
(1) A receiver may deal with receivable property in any manner in which the
relevant licensee or 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 relevant associate.
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