New South Wales Consolidated Acts

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Information about receivable property

143 Information about receivable property

(1) A person who has information relating to receivable property, or property that a receiver believes on reasonable grounds to be receivable property, must give the information to the receiver if required by the receiver to do so.
: Maximum penalty--100 penalty units.
(2) A licensee who has any such information may not refuse to comply with such a requirement merely because the information was obtained in confidence from a client or former client of the licensee.
(3) A person who complies with a requirement under this section is not, merely because of that compliance, subject to any liability, claim or demand.
(4) Information given to a receiver under this section is not admissible as evidence in any legal proceedings, other than--
(a) proceedings taken by a receiver for the recovery of receivable property, or
(b) proceedings taken under this Part, or
(c) proceedings taken under Part 7 (Trust accounts) against a licensee--
(i) if the information was given to the receiver otherwise than by the licensee, or
(ii) if the information was given to the receiver by the licensee and is given in evidence in those proceedings with the licensee's consent.

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