87
In forceJoint liability of 2 or more agents
Part 7Collection and recovery of charge
Division 2Special rules about collection and recovery
Subdivision DRecovery from agent winding up business for non‑resident principal
87 Joint liability of 2 or more agents
If 2 or more agents are jointly instructed by the principal to wind up the business, the obligations and liabilities under this Subdivision:
(a)
apply to all the agents; but
(b)
may be discharged by any of them.
This Act’s bill:Explanatory memorandumSecond reading speech
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