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AGENTS FINANCIAL ADMINISTRATION ACT 2014 - SECT 59
Notice to claimants against receivership property
59 Notice to claimants against receivership property
(1) The receiver must give notice to persons who may have a claim against
receivership property.
(2) The notice may be given— (a) by post; or
(b) by
newspaper advertisement; or
(c) in another way the receiver reasonably thinks
will bring the notice to the attention of persons who may have a claim to the
receivership property.
(3) The notice must state a time, at least 1 month
after the notice is given, for particulars and grounds of a claim against the
receivership property to be given to the receiver.
(4) A claim made by a
person (a
"claimant" ) against receivership property must state— (a) the event alleged
to give rise to the claim; and
(b) when the event happened; and
(c) if the
claimant was not immediately aware that the claimant suffered financial loss
because of the event, when the claimant became aware of the financial loss;
and
(d) all relevant particulars about the event and the financial loss; and
(e) the claimant’s estimated financial loss.
(5) The claim is taken to have
been made on the day it is given to the receiver even though the claimant is
unable to state all of the particulars mentioned in subsection (4) .
(6) The
receiver may require the claimant to verify the claim, or part of the claim.
Example of verification— statutory declaration
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