Section 159 — Property Law Act 2007: Current mortgagor to make information available and give reasonable assistance to mortgagee in possession

159 Current mortgagor to make information available and give reasonable assistance to mortgagee in possession (1) The current mortgagor of mortgaged land, goods, or accounts receivable, and, if the current mortgagor is a body corporate, every director of the body corporate, must— (a) make available to a mortgagee in possession all books, documents, and information relating to the mortgaged land, goods, or accounts receivable; and (b) if required to do so by the mortgagee, verify by statutory declaration that the books, documents, and information are complete and correct; and (c) give the mortgagee any other assistance that the mortgagee may reasonably require; and (d) if the current mortgagor is a body corporate that has a common seal, make the common seal available for use by the mortgagee. (2) A court may, on the application of a mortgagee in possession, make an order requiring the current mortgagor, and, if the current mortgagor is a body corporate, any director of the body corporate, to comply with subsection (1). Compare: 1952 No 51 s 104FF