125Other powers of receiver

125 Other powers of receiver (1) A receiver— (a) may prove, grant, claim or draw a dividend in respect of a debt that is receivable property; and (b) may take proceedings to recover damages for a tort committed in relation to receivable property; and (c) may give a receipt for money that is receivable property; and (d) may employ a person to advise or act in relation to receivable property— in the name of the receiver or in the name of the relevant licensee or a relevant associate. (2) A receipt given to a person under subsection (1)(c) discharges the person from any responsibility to see to the application of the money for which the receipt was given. (3) A receiver is not, in the exercise of his or her functions as a receiver, a personal representative of a deceased licensee.