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Home/Legislation/Property and Stock Agents Act 2002/149

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Property and Stock Agents Act 2002

149Receiver may deal with property

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#### 149 Receiver may deal with property 149 Receiver may deal with property > > (1) A receiver may deal with receivable property in any manner in which the relevant licensee or relevant associate could, had the receiver not been appointed, have dealt with it. > > > (2) A receiver must, as soon as possible after receiving receivable property, vest the property in the person on whose behalf it was held by the relevant licensee or relevant associate.

Previous section148Receiver taken to be beneficially entitled to property Next section150Other powers of receiver

Section 149 - Property and Stock Agents Act 2002 - Receiver may deal with property — Zoe