Section 69.5

The court may direct that before a receiver begins to act or within a specified time he must either— to cover his liability for his acts and omissions as a receiver. give such security as the court may determine; or file and serve on all parties to the proceedings evidence that he already has in force sufficient security, The court may terminate the appointment of the receiver if he fails to— by the date specified. give the security; or satisfy the court as to the security he has in force,

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Source: legislation.gov.uk · retrieved 2026-08-15