345Power of receiver to take possession of regulated property

345 Power of receiver to take possession of regulated property

345 Power of receiver to take possession of regulated property

(1) A receiver for a law practice may take possession of regulated property of the law practice.

(2) A person in possession or having control of regulated property of the law practice must permit the receiver to take possession of the regulated property if required by the receiver to do so.

(3) If a person contravenes subsection (2), the designated tribunal may, on application by the receiver, order the person to deliver the regulated property to the receiver.

(4) If, on application made by the receiver, the designated tribunal is satisfied that an order made under subsection (3) has not been complied with, the tribunal may order the seizure of any regulated property of the law practice that is located on the premises specified in the order and make any further orders it thinks fit.

(5) An order under subsection (4) operates to authorise—

(a) any member of the police force; or

(b) the receiver or a person authorised by the receiver, together with any member of the police force—

to enter the premises specified in the order and search for, seize and remove anything that appears to be regulated property of the law practice.

(6) The receiver must, as soon as possible, return anything seized under this section if it transpires that it is not regulated property of the law practice.