Information about receivable property
118 Information about receivable property
A person who has information relating to receivable property, or property that a receiver believes on reasonable grounds to be receivable property, must give the information to the receiver if required by the receiver to do so.
- 120 penalty units.
A licensee who has any information referred to in subsection (1) may not refuse to comply with a requirement of a receiver under that subsection merely because the information was obtained in confidence from a client or former client of the licensee.
A person who complies with a requirement under this section is not, merely because of that compliance, subject to any liability, claim or demand.
Information given to a receiver under this section is not admissible as evidence in any legal proceedings, other than—
proceedings taken by a receiver for the recovery of receivable property; or
proceedings taken against a person for a breach of this Act or the regulations; or
with the consent of the relevant licensee or relevant associate to whom the information relates.
This provision refers to the regulations (the regulations
). Made under this Act:
- Conveyancers (Fees) Regulations 2018 · under section 188
- Conveyancers (Professional Conduct) Regulations 2018 · under section 188
- Conveyancers (Qualifications and Experience) Regulations 2018 · under section 188
1 more instrument made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory memorandumSecond reading speech
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