Receiverships Act 1993

6: Appointment of receivers under deeds and agreements

You could also call this:

"Appointing someone to look after property when the owner has agreed in a contract"

Illustration for Receiverships Act 1993

You can have a receiver appointed to look after someone's property if that person has agreed to it in a deed or agreement. This can happen when the person has signed a deed or agreement that lets someone else appoint a receiver. The appointment of a receiver must be written down.

When a receiver is appointed, they usually work for the person who gave them the power to do so. This is unless the deed, agreement, or the document that appointed the receiver says something different. You need to check the documents to see who the receiver is working for.

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5: Who may be appointed as receiver, or

"Who can be a receiver: a licensed insolvency practitioner who is allowed and not disqualified"


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6A: What receiver must do before appointment, or

"Steps a receiver must take before being officially chosen for the job"

6Appointment of receivers under deeds and agreements

  1. A receiver may be appointed in respect of the property of a person by, or in the exercise of a power conferred by, a deed or agreement to which that person is a party.

  2. The appointment of a receiver in the exercise of a power referred to in subsection (1) must be in writing.

  3. A receiver appointed by, or under a power conferred by, a deed or agreement is the agent of the grantor unless it is expressly provided otherwise in the deed or agreement or the instrument by or under which the receiver was appointed.