128
In forceSupreme Court may give general directions to receiver
Part 8Management and receivership
Division 3Receivership
128 Supreme Court may give general directions to receiver
(1)
The Supreme Court—
(a)
may authorise a receiver to do such things in the exercise of the receiver’s functions as the Supreme Court considers appropriate, and
(b)
may give directions for the exercise of any such authority.
(2)
A receiver must exercise any authority so conferred in accordance with any direction so given.
This Act’s bill:Explanatory memorandumSecond reading speech
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