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Home/Legislation/Conveyancers Act 2006/130

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Conveyancers Act 2006

130Investment of money by receiver

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130 Investment of money by receiver (1) A receiver may invest receivable property in any manner in which trustees are authorised by the **Trustee Act 1958** to invest trust funds. (2) Income received from an investment under this section, and any profit made on the sale of such an investment, is receivable property.

Previous section129Property not dealt with during receivership Next section131Receiver may be reimbursed for damages

Section 130 - Conveyancers Act 2006 - Investment of money by receiver — Zoe