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Home/Legislation/Conveyancers Licensing Act 2003/122

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Conveyancers Licensing Act 2003

122Investment of money by receiver

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#### 122 Investment of money by receiver 122 Investment of money by receiver > > (1) A receiver may invest receivable property in any manner in which trustees are authorised by the [Trustee Act 1925](/view/html/inforce/current/act-1925-014) 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 section121Property not dealt with by receiver Next section123Receiver may be reimbursed for damages

Section 122 - Conveyancers Licensing Act 2003 - Investment of money by receiver — Zoe