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Home/Legislation/Property and Stock Agents Act 2002/155

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Property and Stock Agents Act 2002

155Investment of money by receiver

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#### 155 Investment of money by receiver 155 Investment of money by receiver > > (1) A receiver may invest receivable property in any manner in which trustees are authorised by the [Trustee Act 1925](/view/html/inforce/current/act-1925-014) to invest trust funds. > > > (2) Income received from an investment under this section, and any profit made on the sale of such an investment, is receivable property.

Previous section154Property not dealt with by receiver Next section156Receiver may be reimbursed for damages

Section 155 - Property and Stock Agents Act 2002 - Investment of money by receiver — Zoe