Receiverships Act 1993

39: Orders protecting property in receivership

You could also call this:

"Orders to Keep Property Safe During Receivership"

Illustration for Receiverships Act 1993

When a court decides to remove a receiver from their job, it can make other orders as it sees fit. You might wonder what these orders are for, and they can be to protect the property that is in receivership. The court can also order the receiver to share information and documents with a specific person.

The court wants to make sure the property is safe, so it can make orders to preserve it. You can think of preserving property like keeping it safe from harm or damage. The receiver must then give the required information and documents to the person specified by the court.

The receiver has to make the information and documents available to the person the court chooses. This means the receiver must share the necessary details and papers with that person. The court's order is important because it helps to protect the property and make sure everything is done fairly.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM327770.


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39Orders protecting property in receivership

  1. The court may, on making an order that removes, or has the effect of removing, a receiver from office, make such orders as it thinks fit—

  2. for preserving property in receivership:
    1. requiring the receiver for that purpose to make available to any person specified in the order any information and documents in the possession or under the control of the receiver.