Queensland Consolidated Acts
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PROPERTY LAW ACT 1974 - SECT 66
Receipt in instrument or endorsed authority for payment
66 Receipt in instrument or endorsed authority for payment
(1) If a financial institution manager, a solicitor or a conveyancer produces
an instrument, having in the body of the instrument or endorsed on the
instrument a receipt for consideration money or other consideration, the
instrument being executed, or the endorsed receipt being signed, by the person
entitled to give a receipt for that consideration, or produces a duly executed
instrument in respect of registered land, the instrument shall be a sufficient
authority to the person liable to pay or give the same for the person’s
paying or giving the same to the financial institution manager, solicitor, or
conveyancer without the financial institution manager, solicitor or
conveyancer producing any separate or other direction or authority in that
behalf from the person who executed or signed the receipt or instrument.
In this section—
"conveyancer" includes the agent of the conveyancer.
"financial institution manager" means the person performing the function of
general manager or manager of a financial institution, and includes an agent
of the financial institution manager.
"instrument" includes a discharge of mortgage.
"solicitor" includes the agent of the solicitor.
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