New South Wales Consolidated Acts
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CONVEYANCERS LICENSING ACT 2003 - SECT 122
Investment of money by receiver
(1) A receiver may invest receivable property in any manner in which trustees
are authorised by the Trustee Act 1925 to invest trust funds.
(2) Income
received from an investment under this section, and any profit made on the
sale of such an investment, is receivable property.
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