150Other powers of receiver

#### 150 Other powers of receiver 150 Other powers of receiver > > (1) A receiver may— > > > > > (a) prove, grant, claim or draw a dividend in respect of a debt that is receivable property, and > > > > > (b) take proceedings to recover damages for a tort committed in relation to receivable property, and > > > > > (c) give a receipt for money that is receivable property, and > > > > > (d) employ a person to advise or act in relation to receivable property, in the name of the receiver or in the name of the relevant licensee or relevant associate. > > > (2) A receipt given to a person under subsection (1) (c) discharges the person from any responsibility to see to the application of the money for which the receipt was given. > > > (3) A receiver is not, in the exercise of his or her functions as a receiver, a personal representative of a deceased licensee.