Victorian Current Acts

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CONVEYANCERS ACT 2006 - SECT 100

Statutory management continues under receivership

    (1)     A statutory manager may continue to exercise his or her powers under this Division even if a receiver is appointed in relation to the relevant licensee's property.

    (2)     If a receiver is appointed in respect of the property of a licensee whose conveyancing business is under statutory management, the statutory manager must comply with any lawful direction given by the receiver in relation to the conduct of the conveyancing business.



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