New South Wales Consolidated Acts

PROPERTY AND STOCK AGENTS ACT 2002 - SECT 156

156 Receiver may be reimbursed for damages

(1) The Secretary may reimburse a receiver for any damages or costs recovered against the receiver, or an employee or agent of the receiver, for anything done or omitted to be done in good faith in the purported exercise of the receiver's functions.

(2) Reimbursement under this section is to be by way of payment from the Operating Account.