127Lien for costs on receivable property

127 Lien for costs on receivable property (1) If a licensee claims a lien for costs on receivable property, the receiver may serve on the licensee a written notice requiring the licensee to give to the receiver, within a specified period of not less than one month— (a) particulars sufficient to identify the property; and (b) a detailed itemised account relating to the amount in respect of which each lien is claimed. (2) If the licensee requests the receiver in writing to allow access to any records that may be reasonably necessary to enable the preparation of the itemised account, the time allowed for providing the itemised account referred to in subsection (1)(b) does not begin to run until access to those records is provided. (3) If a requirement of a notice under this section is not complied with, the receiver may disregard the claim in dealing with the property claimed to be subject to a lien.