29 Notice of end of receivership

(1)

Not later than 7 days after the receivership of a grantor that is a body corporate ceases, the person who held office as receiver at the end of the receivership must send or deliver to the Registrar notice in writing of the fact that the receivership has ceased.

(2)

Every person who fails to comply with subsection (1) commits an offence and is liable on conviction to a fine not exceeding $10,000.

Section 29(2): amended, on 1 July 2013, by section 413 of the Criminal Procedure Act 2011 (2011 No 81).