Powers of a manager
95 Powers of a manager
The manager of a licensee’s conveyancing business may, subject to subsection (2) and to the terms of his or her appointment—
carry out conveyancing work on behalf of the existing clients of the business, and
accept instructions from, and carry out conveyancing work on behalf of, new clients, and
dispose of, and otherwise deal with, any property in relation to the business, and
wind up the affairs of the business, and
exercise any right in the nature of a lien over property held by the manager on behalf of the clients of the business, and
incur such expenses as are reasonably related to the conduct or winding up of the business, and
do all such things as are ancillary to the exercise of the powers referred to in paragraphs (a)–(e),
as if he or she were the licensee to whom the business belongs.
The manager of a licensee’s conveyancing business may not exercise any of the functions conferred by this section in relation to the affairs of a client of the business unless the client’s consent has been obtained to the manager’s exercise of those functions.
This Act’s bill:Explanatory memorandumSecond reading speech
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