Receipt in deed or endorsed thereon authority for payment, etc.
64.—(1)  Where, before 1 August 2011, a solicitor produces a deed, having in the body thereof or endorsed thereon a receipt for consideration, the deed being executed, or the endorsed receipt being signed, by the person who is entitled to give a receipt for that consideration, the deed shall be sufficient authority to the person who is liable to pay or give the consideration for his paying or giving the consideration to the solicitor, without the solicitor producing any separate or other direction or authority in that behalf from the person who executed or signed the deed.
[17/2011]
(2)  Where, on or after 1 August 2011, a solicitor produces a deed, having in the body thereof or endorsed thereon a receipt for consideration, the deed being executed, or the endorsed receipt being signed, by the person who is entitled to give a receipt for that consideration, the deed shall be sufficient authority to the person who is liable to pay or give the consideration —
(a)if the consideration is in the form of money — for his tendering to the solicitor any cashiers’ orders, cheques or other similar physical payment instruments pertaining to the payment of the consideration; or
(b)if the consideration is in any other form — for his giving the consideration to the solicitor,
without the solicitor producing any separate or other direction or authority in that behalf from the person who executed or signed the deed.
[17/2011]