348Power of receiver to require documents or information

348 Power of receiver to require documents or information

348 Power of receiver to require documents or information

(1) A receiver for a law practice may require a person referred to in subsection (2) to give the receiver, within a period and in a manner specified by the receiver, either or both of the following—

(a) access to the documents relating to the affairs of the law practice the receiver reasonably requires;

(b) information relating to the affairs of the law practice the receiver reasonably requires (verified by statutory declaration if the requirement so states).

(2) A requirement under subsection (1) may be imposed on—

(a) a person who is an associate or former associate of the law practice; or

(b) a person who has or had control of documents relating to the affairs of the law practice; or

(c) a person who has information relating to regulated property of the law practice or property that the receiver believes on reasonable grounds to be regulated property of the law practice.

(3) A person who is subject to a requirement under subsection (1) must comply with the requirement.

Civil penalty: 50 penalty units.

Note

Section 466 contains provisions relating to compliance with this section.