sec.520Power of receiver to require documents or information

### sec.520 Power of receiver to require documents or information A receiver for a law practice may require— a person who is an associate or former associate of the practice; or a person who has or has had control of documents relating to the affairs of the practice; or a person who has information relating to regulated property of the practice or property that the receiver believes to be regulated property of the practice; to give the receiver either or both of the following— access to documents relating to the affairs of the practice that the receiver reasonably requires; information relating to the affairs of the practice that the receiver reasonably requires and, if stated in the requirement, verified by statutory declaration. A person who is subject to a requirement under subsection (1) must comply with the requirement unless the person has a reasonable excuse. Maximum penalty—100 penalty units. When making the requirement, the receiver must warn the person it is an offence to fail to give the information unless the person has a reasonable excuse. It is, for example, a reasonable excuse for an individual to fail to comply with the requirement if complying with the requirement might tend to incriminate the person. (sec.520-ssec.1) A receiver for a law practice may require— a person who is an associate or former associate of the practice; or a person who has or has had control of documents relating to the affairs of the practice; or a person who has information relating to regulated property of the practice or property that the receiver believes to be regulated property of the practice; to give the receiver either or both of the following— access to documents relating to the affairs of the practice that the receiver reasonably requires; information relating to the affairs of the practice that the receiver reasonably requires and, if stated in the requirement, verified by statutory declaration. (sec.520-ssec.2) A person who is subject to a requirement under subsection (1) must comply with the requirement unless the person has a reasonable excuse. Maximum penalty—100 penalty units. (sec.520-ssec.3) When making the requirement, the receiver must warn the person it is an offence to fail to give the information unless the person has a reasonable excuse. (sec.520-ssec.4) It is, for example, a reasonable excuse for an individual to fail to comply with the requirement if complying with the requirement might tend to incriminate the person. - (a) a person who is an associate or former associate of the practice; or - (b) a person who has or has had control of documents relating to the affairs of the practice; or - (c) a person who has information relating to regulated property of the practice or property that the receiver believes to be regulated property of the practice; - (d) access to documents relating to the affairs of the practice that the receiver reasonably requires; - (e) information relating to the affairs of the practice that the receiver reasonably requires and, if stated in the requirement, verified by statutory declaration.