117Other powers of receiver

#### 117 Other powers of receiver 117 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 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.