Conveyancers Act 2006

The Supreme Court may, on the application of the Director, appoint a receiver of all or any of the property of a licensee and may make the appointment whether or not the licensee has been notified of the application or is a party to the proceedings.

An application under subsection (1) may be made only if the Director is of the opinion that it is necessary to have a receiver appointed to protect the interests of consumers and one or more of the following applies—

the relevant licensee has requested the Director to make the application;

the relevant licensee's licence has been cancelled or suspended;

the Director is of the opinion that there has been, or may have been, a failure to account by the relevant licensee;

the Director is of the opinion that a person is unable to obtain payment or delivery of property held by the licensee because the relevant licensee—

is mentally or physically infirm; or

is an insolvent under administration; or

is a prisoner within the meaning of the Corrections Act 1986; or

has died; or

has abandoned the licensee's conveyancing business.